Today's Social Security Debate- This got downright ugly!
Author Michael A. Hiltzik stopped by The PC Show this morning to plug his book
The Plot Against Social Security : How the Bush Plan Is Endangering Our Financial Future. This guy should be the Disinformation Secretary in some Third World Country. He's heavily into denying reality. He claims Social Security is not a Ponzi Scheme despite evidence to the contrary in his own book. He claims the trust fund is solvent, despite the fact that there is no cash in it. A bunch of meaningless IOU's- backed up by the good faith and credit of the US Gov. he says. When I pointed to the success of privatization in Galveston, Texas he conveniently didn't know anything about it, go figure? We even argued over the definition of Socialism- the redistribution of wealth. Thank God I had plenty of Duct Tape in studio to prevent my head from exploding!
Social Security- could you do better under the Bush Plan? Plug in the numbers HERE.
posted by Pat Campbell @ 5:07 PM
2 comments
2 Comments:
I shouldn't have to pay, as a young worker, for someone else's retirement because they lacked the better judgement and forethought to secure their own future investments and retirement.
Social Security is socialism, hence the name SOCIAL seccurity.
Survival of the fittest. If you're lazy, you whither and die.
Two things.
Automatic Stabilizers
and
Human Rights.
If people don't have enough money to buy products, aggregate demand goes down the tubes.
I don't think people are deserving of where they are and would like to change.
Lets promote job opportunities for everyone and make it easier for people to get a job.
If people are starving because of a flawed system...
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