The $800,000 Social Security Mistake

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Friday, June 26, 2026

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Chris revisits President George W. Bush’s 2005 Social Security reform proposal and asks a simple question: what if it had passed? Using new calculations, he shows how investing just $1,000 a year in an S&P 500 index fund could have grown into tens of thousands—or even hundreds of thousands—of dollars for workers. Chris argues that political fearmongering killed a modest reform that could have significantly improved retirement outcomes, while Washington continues to rely on higher taxes and bigger government promises instead of meaningful solutions.

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