In response to:

Fewer Dollars and Babies Threaten Social Programs

Rosemary2 Wrote: Feb 04, 2013 9:22 AM
That thesis was debunked long ago. Every human being is precious and endowed by its Creator with a Mind that is capable of solving even the most complex of problems. The difficulty with government's making all decisions is that the knowledge to solve those problems is dispersed among the population. Even the most brilliant of officials (and that's assuming they are brilliant except at getting elected or appointed) cannot possibly be aware of all the variables. Free the people to make their own decisions and get out of the way of progress and abundance that will follow.
Texas Chris Wrote: Feb 04, 2013 10:33 AM
Well put. Mises and Rothbard, as well as Bastiat, have entire books on exactly this.

Too bad most people never read them...
Our major public policies are based on the assumption that America will continue to enjoy growth. Economic growth and population growth.

Through most of our history, this assumption has proved to be correct. These days, not so much.

Last week, the Commerce Department announced that the gross domestic product shrunk by 0.1 percent in the fourth quarter of 2012. And the Census Bureau reported that the U.S. birth rate in 2011 was 63.2 per 1,000 women age 15 to 44, the lowest ever recorded.

Slow economic growth and low population growth threaten to undermine entitlement programs like Social Security and Medicare....