I am not criticizing investing in the stock market; I am an investor.
More Quotes from Grace Napolitano:
We must work to stabilize Social Security. We must not gamble with our nation's social insurance program, one of our most popular and effective federal programs that has remained dependable and stable for the past 70 years.Grace Napolitano
Latinos are disproportionately more likely to be injured on the job than other ethnic groups.
Grace Napolitano
Because of their low earnings and family obligations, Latinas would not be putting much money into private investment accounts. An average Latina could wind up losing thousands of dollars under this proposal.
Grace Napolitano
If Congress doesn't raise taxes, you cannot get a private investment account without forgoing a portion, possibly all, of your guaranteed benefit check.
Grace Napolitano
Because Social Security is specifically designed to boost the retirement income of low earners with a progressive benefit formula, the program has played an enormous and necessary role in keeping Latinas out of poverty.
Grace Napolitano
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