Join the Debate!
Login in to Post Your Comments
The flames from Greece's debt crisis protests have cast new light on the perils of our own overspending and overborrowing. You know the litany. California is imploding. Public sector unions there, and across the country, are swallowing budgets. In California alone, pension costs have gone up 2,000 percent in a decade. At the national level, ObamaCare has done little to fix -- and much to hurt -- America's long-term entitlement mess. Already, America's structural deficit has tripled since 2007. Economist Price Fishback has just published a paper finding that America spends more on social welfare than socialist Sweden (though we...
In a Welfare State, How Much is 'Enough'?
On the other hand, if you are a government employee who does not pay SS (a school teacher for instance) you cannot draw SS without working at a job where paying it is required for at least that 13 quarters. It did allow you to draw SS if you worked ONE DAY but that stopped less than ten years ago.