Page 2 - Phasing In News Today

Have to deal with the debt bomb. >> neil: he did take that stuff. that kid is still waiting outside the building. you mean, its good analogy but you are right. >> we are taking from them. the entitlement problem, the medicare and social security that is going to bankrupted us and we older people, i have paid in all my life but they dont know they are getting three to four times what they paid in. >> neil: or for the matter, nobody is taking it away from the current beneficiaries, its all about p...

That system? >> i think we ought to have a conversation. is there a better way? are private accounts an appropriate thing for a young american to say, id rather manage this account myself. id rather put the dollars in there, manage the account myself. there may be some other young workers who say, i dont want to mess with that. i would rather the government run it. it may not be as much but i dont want to mess with it. do we need to means test it? do we need to talk about phasing in, if you will...

That system? >> i think we ought to have a conversation. is there a better way? are private accounts an appropriate thing for a young american to say, id rather manage this account myself. id rather put the dollars in there, manage the account myself. there may be some other young workers who say, i dont want to mess with that. i would rather the government run it. it may not be as much but i dont want to mess with it. do we need to means test it? do we need to talk about phasing in, if you will...