Sharron Angle Quotes
We need to phase Medicare and Social Security out in favor of something privatized.
"Nevada Republican Senate Primary Debate." C-SPAN, National Cable Satellite Corporation, 25 May 2010.
Privatization is a proposal whereby individuals invest their own money in the Sock and Bond Market in an effort to get a better return than the government Social Security System produces. However, the initial cost is very high and the idea might be good for an individual hose investments pay off, but there could be no coverage for someone who invests poorly, is unlucky or whose investing agency goes bankrupt. There would be a lesser or no safety net which people would be guaranteed as they are with Social Security. In 2006 the George W. Bush administration tried to privatize the Social Security system. They failed in a major defeat for the administration.
A professional mature female actress spoke the words. The Majority of the Republicans voted against the Medicare law that had passed under Lyndon Johnson. They lost millions of votes over that for years. Then at the end of the 20th century, many Republicans tried to reduce or privatize Medicare which by then was second only to Social Security among all government programs. The Democrats then used many variants of this Schwartz ad to great effect.
Sharron Elaine Angle is an American politician who served as a Republican member of the Nevada Assembly from 1999 to 2007. She ran unsuccessfully as the 2010 Republican nominee for the U.S. Senate seat in Nevada, garnering 45 percent of the vote. On September 15, 2013, she was unanimously elected the fifth President of the National Federation of Republican Assemblies, and resigned in 2016 to run again for the Nevada U.S. Senator position being vacated by Harry Reid but failed to win the Republican primary. In 2018, she ran in the Republican primary for Nevada's 2nd congressional district and lost to the incumbent, Mark Amodei.
