Fifty-six percent of Americans think the stock market is too risky for Social Security funds, according to a Newsweek poll released on Saturday.
The poll signaled a tough sell for President Bush as he promotes his plans to change Social Security and allow workers to shift part of their payroll taxes into private stock and bond accounts.
The 56 percent who were wary of putting retirement money into the stock market contrasted with 36 percent who said such investing was a "necessary risk to improve the rate of return of Social Security funds."
Bush made his bid to remake the 70-year-old Social Security program the centerpiece of his State of the Union address on Wednesday. Then he set off on a two-day trip to pitch his plan in North Dakota, Montana, Nebraska, Arkansas and Florida, all of which supported him in the November election. Link
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