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********************* News From.... Montana Libertarian Party P.O. Box 4803 Missoula, MT 59806 (406)721-9020 Contact- Mike Fellows ********************* For Immediate Release It's time to change our retirement system say Libertarians, not talk about it Missoula MT â President Bush is making a stop in Great Falls today to discuss changes in Social Security. Libertarians have been looking for changes in Social Security for some time now says State Chair Mike Fellows. "It's our money, so we need action, not words," says Fellows. Young people will need options, as the Social Security system travels down the broken path of needing quick fixes. The math supports the need for change says Fellows. When 18 workers supported one retiree, the system worked but soon there will be less then 2 workers supporting one retiree. Will our young people receive the funds they contribute? Personal Retirement Accounts are a good idea, and 16 countries including Switzerland, already have PRA's. A good start says Fellows is to allow workers to put 6.2% of their own money in to a PRA. This is a plan brought forth by the Cato Institute in Washington D.C. The President has stated he will look at all idea's, but looking and doing are two different things says Fellows. Now is the time to act for our young people. # # # |
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