Yeah, and how come Mr. Lowenstein failed to mention the boreon's precious lock box? It doesn't invest in treasuries, it invests in Federal Government IOUs.On another topic of this subject...
Social Security also delivers a considerable nonmonetary benefit: people who have contributed throughout their working lives know that, regardless of the ebb and flow of their careers and, indeed, of the stock market, a guaranteed pension awaits them.
What gives with this? Is this right? A guaranteed pension? I have heard numerous commentators say the SS pension is NOT guaranteed. So who is right?