Gore Voices Social Security Concerns
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Vice President Al Gore told a town hall meeting in Cranston he was worried that privatizing Social Security would mean some Americans would opt out of the Social Security trust fund. The system would no longer be “all for one, but everybody for himself,” Gore told an audience of about 1,500 at the meeting called to examine ways to overhaul the system. Even if only a portion of an American’s account was invested in the stock market, “it’s not risk-free,” Gore said. Outside, more than 100 members of the National Council of Senior Citizens rallied to protest suggestions that Social Security be privatized.
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