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Bob Walsh on Social Security

 

 


Transition to a voluntary system as soon as possible

Q: How would you guarantee Social Security benefits for future generations?

A: No such guarantee is possible. The Social Security Trust Fund contains only 20% of the amount required to be solvent. It was never planned to have a sound actuarial basis. Most contributions have been spent on retiree benefits instead of investment in the trust fund for current workers. The system envisions workers supporting retirees forever. It is not possible to guarantee that future generations will continue this system. We favor a transition to a voluntary system as soon as possible, recognizing that the victims of this scheme may need the help of, once again, voluntary associations of people with a sense of responsibility to their local communities

Source: AFA iVoterGuide on 2020 New Mexico Senate race , Nov 3, 2020

Privatize but Ponzi scheme will fail

Q: Do you support or oppose the statement, "Privatize Social Security"?

A: Support. But this Ponzi scheme must fail eventually, regardless.

Source: OnTheIssues interview for 2020 New Mexico race , May 1, 2020

Other candidates on Social Security: Bob Walsh on other issues:
NM Gubernatorial:
Gary Johnson
Gary King
Jeff Apodaca
Joe Cervantes
John Sanchez
Michelle Lujan-Grisham
Steve Pearce
Susana Martinez
NM Senatorial:
Ben Ray Lujan
Gary Johnson
Gavin Clarkson
Maggie Toulouse Oliver
Mark Ronchetti
Martin Heinrich
Mick Rich
Tom Udall

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Page last updated: Nov 24, 2020