massagethemedium Wrote:
May 27, 2012 10:28 AM
The most astonishing thing about the message in this article is the abandonment of the broad assumption of Social Security and Medicaid as a paid-in benefit, instead of as the AP called it, the Government Dole. Admittedly for most retirees the overall benefit makes the programs above become more like welfare and not a pension. But that is more a result of the way Government takes the money in, gives it to Congress to Spend, never invests it even in itself (until recently). it could also give insight into What Barry II will Do? That is, bring back one of the balloons floated early in Barry I, the takeover of all private retirement accounts, as a way to fund the Welfare State. If I were a Marxist in the Closet, that's what I would do.