In a recent Zogby Interactive survey of adults nationwide, the respondents were asked to choose between two statements on the issue of social security. About 41% of the sample agree that the government should keep social security the way it is to ensure seniors can maintain a good standard of living, even if it means future tax increases, while 48% of the respondents agree that the government should allow people to invest their social security taxes in private investment accounts because even if there is a risk of having less, people will have more control and more opportunity to save even more for retirement. Eleven percent of the sample chose neither statement or “not sure”.

Liberals (77%), Democrats (72%), people who are divorced, separated or widowed (56%), African Americans (55%) and people aged 50 or above (51%) are more likely to agree that social security should be kept the way it is. Conservatives (80%), Republicans (77%), libertarians (73%), people who are parents or guardians of a child under 17 (59%), people who are married (58%) and the 30 to 49-year-olds (57%) are more likely to be in favor of investing their social security taxes.

Where do you stand on this issue? Do you think that people should have more control over their social security money? Or do you think that risks involved in private investment are too high to take for the case at hand?

Grace Social Security, politics future, zogby