Now, a personal savings account would be a part of a Social Security retirement system. It would be a part of what you would have to retire when you reach retirement age. As you -- as I mentioned to you earlier, we're going to redesign the current system. If you've retired, you don't have anything to worry about -- third time I've said that. (Laughter.) I'll probably say it three more times. See, in my line of work you got to keep repeating things over and over and over again for the truth to sink in, to kind of catapult the propaganda. (Applause.)

But if you choose to have one of these accounts -- notice I keep saying "if you choose" -- the government is not going to tell you, you have to do this. I think the government ought to give you the opportunity to set up one of these accounts. And the account becomes a part of your retirement plan. It's your own asset. It's something you leave to somebody -- whomever you choose. And it makes the system eminently more fair.

I'll probably say it three more times. See, in my line of work you got to keep repeating things over and over and over again for the truth to sink in, to kind of catapult the propaganda.