AKIN: Well, I think what we need to do is, what we have to do with Medicare is... It's a typically flawed, big government solution. In Medicare you have got the government setting prices for things. Anytime the government sets any price for anything you've got trouble. You need to have that done in the marketplace. So, first thing off I think you want to get rid of all of those government set prices for healthcare things and allow people to just bid on that business. So, people that are in Medicare will have the opportunity to choose somebody that's going to provide services for them and they can choose between different things, different providers. So, if somebody doesn't do a good job for you, boom, you move to something else. So, that's one of the first things that's in Medicare that's got to be done is to get rid of all the government price setting.
KNAPP: Are you still looking to partially privatize [Social Security]?
AKIN: Well, I think the first thing in Social Security, I don't know if you'd call this privatizing, I think, and this is where I think FDR was cheating on this system, that would be if you put money, and your employer puts money into Social Security for your retirement, why should that be in a little account that you can see the money and watch it grow? Why should be just take that money and spend it on general, all kinds of things that the government wants to spend money on it. We're spending other people’s retirement. Why shouldn't that money go into some account? Maybe it's held by the government; maybe you can’t get your hands on it very easily. But at least the money should go into your account instead of just sort of disappearing in the vapors as big government boys want to spend it all now and forget about what's going to happen tomorrow.
Why yes, you would call that privatizing. Please keep talking Todd. As a reminder, here's video of Akin saying he doesn't "like" Social Security. And he's not just talking about the facebook group.
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