To: Alberta's Child; ARCADIA
Social Security is the disease.
It's a disease in this sense: it siphons off, to the government sector, money from our paychecks that could be used productively if we were allowed to save and invest it.
To: churchillbuff
Social Security is the disease. It's a disease in this sense: it siphons off, to the government sector, money from our paychecks that could be used productively if we were allowed to save and invest it.
Social security is just a mandatory insurance plan. It forces us collectively to plan for our retirement. That the moneys have been squandered by out public servants is another big issue (perhaps a criminal breach of a fiduciary relationship). But, the program itself does not destroy capital. We have the balance of our paychecks, and so far it seems that very little of that tends to be invested or saved; would the elimination of social security miraculously change that kind of behavior?
39 posted on
03/11/2005 3:55:42 PM PST by
ARCADIA
(Abuse of power comes as no surprise)
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