An All-American Retirement System: Building for the Future

by: William John Cox, Truthout

While Congress bickers and the president dithers, roads are crumbling, bridges are failing, dams are cracking and water and sewer systems are leaking all across the United States. If that's not enough to worry about, the government is threatening to default on the $2.5 Trillion it has borrowed from the Social Security Trust Fund and few private employers are offering decent retirement plans.

A simple solution to all of these problems can be found in a secure national retirement system that allows all American workers and small-business owners the opportunity to participate in a tax-free infrastructure fund invested in the bonds issued by state and local governments.