It's largely a fight for their existence. When rank and file union members, minorities, women, and others find out how well they could do with private accounts, those images won't mean as much anymore. That's what the opposition would like you to believe. However, each of the reform measures that have been introduced as legislation would provide a minimum benefit for the life of the individual. I don't understand why people usually speak of the stock market as the only investment people can make re their retirement money.
People can also invest in the same things the govt.
Perhaps mentioning investments other than the stock market would reduce some of the fear people might have. You're exactly right. I can get very excited talking about all of the investment options. I savings bond the U.S. treasury makes available. The Series I bond is adjusted to inflation and guarantees its owner a rate of return over inflation.