SS Poll

New Cato Poll Shows Majority Support Personal Accounts
Poll details

Washington -- A majority of likely voters (52-40%) favor proposals to allow younger workers the choice to invest a portion of their Social Security taxes in personal accounts, according to a new poll conducted by Zogby International for the Cato Institute. Younger voters support the chance to invest by an enormous majority (66-23% among voters under 30).

The poll also found that Americans believe that opponents of President Bush's Social Security reform proposals have an obligation to put forward an alternative plan to solve the financial crisis that is about to engulf the current system. By an overwhelming 70-22% margin, voters said that Democrats should come up with proposals of their own. Even 55% of Democrats believe this.

Americans are highly skeptical that the current Social Security system will be able to cope in the near future. By a 62-30% margin, voters do not believe that Social Security will be able to pay all promised future benefits. Unsurprisingly, skepticism is particularly strong among younger voters with over 70% believing that Social Security will be unable to pay the benefits promised by the federal government.

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Hmmmm ... I guess it depends how you ask the questions ... Though it is alarming that 40% are either too misinformed (the older folk, who have been frightened into believing they will lose benefits) or too infantile (the younger pollees, who don't trust themselves to organize their own affairs) to support PSA's.