Tag Archives: Baby boomers
Book Discussion: Rooseveltcare – How Social Security is Sabotaging the Land of Self-Reliance by Don Watkins
For an upcoming book discussion, I drafted the following announcement: “ Social Security is immoral.” – Don Watkins Come and join us for a discussion of Don Watkins’ new book Rooseveltcare: How Social Security is Sabotaging the Land of Self-Reliance. … Continue reading →
Is Social Security in financial trouble? Politicians and pundits evade, dissemble, and argue around the problem. Instead of me just being another average citizen pointing out that the Emperor has no clothes, what do the Social Security Trustees have to … Continue reading →
Question #7: If we ‘privatize’ Social Security, what would happen to people that recklessly invest their retirement and lose it?
The following question comes from Reddit: If we ‘privatize’ Social Security, what would happen to people that recklessly invest their retirement and lose it? First, in the question, there is an unfounded premise about risk as in: government control of … Continue reading →
What is Social Security really? Different people, without dishonest intent, will give multiple and contradictory answers. Is Social Security a Ponzi scheme, an investment, insurance, or the arbitrary grant from government that can be changed at the Congress’ whim? Which … Continue reading →