“I wanted to do it so badly,” Trump said of his desire to privatize Social Security in his first year in office.

In remarks to reporters at the White House on Wednesday, President Donald Trump admitted that he wanted to push for privatizing Social Security in his first term in office, contradicting campaign promises he made in 2016 and earlier that he wouldn’t touch the popular social safety net program. “I wanted to ride with Social Security being fully invested in the stock market, in the first month…

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  • mikenurre@lemmy.world
    4·
    5 hours ago

    they already have. those “chump accounts” are meant to move the retirement funds out of social security and into private accounts. it will just take decades before it all completes.