This enlightning article from New York Times Magazine explains that Social Security is likely to be solvent for at least 75 years. Rather undercuts Bush’s assertions that it’s in big trouble, doesn’t it?
This enlightning article from New York Times Magazine explains that Social Security is likely to be solvent for at least 75 years. Rather undercuts Bush’s assertions that it’s in big trouble, doesn’t it?
Social security is nothing more than forced savings, with the additional brokenness that the money you save isn’t the money you get back, because you get paid by the younger people who are “saving” for their own later use. Like any other welfare system, it’s a monstrous use of an overly-large government.