Tag Archives: entitlement reform
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
Social Security: Drafting Other People’s Children for Support
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