He appears to have chosen an A Team instead of just putting his friends and political allies in place. We will see good things from this Cabinet and this Administration. The current rate of return on Social Security contributions is incredibly low, and the upcoming demands on the system place an unfair burden on our children and grandchildren. I would urge the new Administration to allow workers to invest a portion of their Social Security taxes in private accounts, and allow those contributions to vest to the participant. Vesting would particularly benefit low-income workers who currently have no other way to accumulate wealth.
Small businesses are currently at a real disadvantage when purchasing health insurance.
What we really need is the ability to form association health plans, so small businesses can join together through industry associations to receive the same benefits and prices as unions and large corporations. The lack of health-insurance coverage is a national disgrace. Congress can do something about this that would really make a difference. The slide in the stock market seems to be bringing about a more realistic approach to businesses, a focus on earnings and good business principles on the part of investors and CEOs. A strong economy is the result of good fiscal policies.