Dick Cheney, Republican nominee for
Vice-President, is campaigning hard this week trying to lure younger, and mostly
unmarried, voters to support the Bush-Cheney ticket in the presidential race. Joe
Lieberman, on the other hand, will be campaigning in Florida talking to seniors about
prescription drug coverage.
Cheney seems to be the one chosen
by the Republican Party to reach out to single and unmarried voters. He was the only
candidate in the national debates to refer to single voters. Now, according to an
Associated Press story released on October 16, 200, Cheney is on the stump, targeting
voters between the ages of 20 and 40.
Some 34 percent of Republicans are unmarried as are 44 percent of
Democrats. The ratio of single to married Independents is unknown.
According to the Census Bureau, there are 43.5 million adults in the
nation between the ages of 20 and 40. A majority of them -- some 55 percent -- are
The AP story says that Cheney will push Bush's proposal to
let younger workers put about one-sixth of their Social Security payroll taxes into
private accounts that they would own and control.
Cheney has likened these accounts to 401(k) retirement plans that many Americans have
through their employers. The Bush campaign contends the accounts will earn a higher rate
of return -- perhaps as much as 6 percent annually, based on historical stock market
performance, compared with about 2 percent that Social Security earns.
A young worker earning $20,000 annually could retire with more than $100,000 after
inflation by investing the money in stocks and bonds, according to campaign estimates.