That revelation, which was greeted with a ho-hum by the media, basically announced that by 2033, 21 years from now, the so-called Social Security trust fund will be empty. The only reason this was even announced is because we are approaching a presidential election campaign, and...
The question before us, is are the "people" generally better off, being dependent on the government or are the "people" generally better off depending on themselves to provide for their needs and wants?
When Texas Gov. Rick Perry, then in the early stages of his short-lived quest for the Republican presidential nomination, referred to Social Security as "a Ponzi scheme," he was excoriated by the press, left and right, and by his fellow Republicans, as well. Earlier this week, government actuaries revealed that Perry was correct.
- NYT: After six weeks of U.S. airstrikes, ISIS has “scarcely budged” Allahpundit 21 mins ago
- McCain: I was pals with Mark Udall’s dad so I can’t bring myself to campaign for Cory Gardner Allahpundit 1 hour ago
- Secret Service failures may expand no-walking zone around White House Ed Morrissey 1 hour ago
- CDC: Up to half a million Ebola cases by end of January Noah Rothman 2 hours ago
- Video: South Park ad hits Redskins … during Redskins game Ed Morrissey 3 hours ago
- NYT: Daniel Inouye was the senator who told Kirsten Gillibrand that he likes his girls chubby Allahpundit 3 hours ago