During the presidential election in 2000 GW Bush proposed changing the current pay as you go Social Security (SS) system to one in which workers save for their own retirement rather than contributing to Social Security (call this the new system).Choose the most likely outcome of privatizing Social Security.

a - The new system will benefit everyone across the board, especially risk averse individuals.

b - The new system will not require any new funding sources to meet current obligations because the young savers will have a much higher rate of return.

c - The new system will benefit workers that save through stock options at their firms.

d - The new system will tend to benefit younger workers rather than older retirees.