Quote:
|
Originally Posted by Urbane Guerrilla
Like trying to turn federal Social Security into everybody's pension plan rather than the more limited original idea of an emergency net. Private retirement plans do keep you a lot richer, do they not?...
|
Is this legislating morals? I know with conservatives, it always comes back to the almighty buck, but calling Social Security moral legislation is a bit of a stretch.
Quote:
|
Originally Posted by Urbane Guerrilla
The simple explanation for currency inflation -- its debasement, gradually and over time -- is that it is caused by lengthy government deficit spending. Entitlement programs are just another way to indulge in the likeliest way for democracies to risk collapse: the electorate voting itself the treasury, in whole or in part. Add deficits, and watch the mischief be compounded...
|
And in recent memory, Reagan and W, conservative repubicans, have run up the big deficits. IMHO, there is no return on investment on the tax dollars that go to paying the interest on the deficit. It is wasted money.