From the Orlando Sentinel
Florida's Hispanics, like those nationwide, have jumped into the debate over Social Security reform but offer just lukewarm support for plans to overhaul the system.
That's because, despite an interest in gaining more control over their retirement income as President Bush has proposed, Hispanics tend to be younger, have larger families and rely on Social Security to stay out of poverty, according to a report released Wednesday by the National Council of La Raza -- a Washington-based Hispanic advocacy group.
I haven't read the report
, but the story on the report makes no sense, and I suspect that the report itself is not any more helpful. The Hispanic population in this country is much younger than the non-Hispanic population and it makes sense that they would favor reform aimed at giving them an opportunity to invest a small portion of their social security taxes. In addition, most polls show that the younger you are, the less likely you are to believe that the system will have the resources to support your retirement. In other words, if you are younger, you want reform not the status quo. I can understand how older Hispanics might rely on Social Security to stay out of poverty, but no young Hispanic I know is counting on Social Security at all, much less to support them through their retirement years.