Bush: Americans Ready to Invest S.S. Funds
Bush Says Americans From All Backgrounds Are Comfortable With Investing Retirement Funds
The Associated Press

May. 4, 2005 - President Bush said Wednesday that private investment accounts created from Social Security payroll taxes is an idea whose time has come as more Americans are comfortable with putting their retirement funds in the market.

Bush told the Latino Small Business Economic Conference that "people from all walks of life" are investing in 401k retirement accounts offered by their employers.

"I went down to the Nissan plant in Canton, Mississippi, (Tuesday) and it was a very diverse audience, a lot of assembly line workers," Bush said. "And I said, `How many of you all have got your own 401k?' I mean, the number of hands that went up was astounding."

Now ask them what's in the 401K.

There's a big difference between sticking money somewhere and managing the money.

A BIG difference.