Monday, February 14, 2011

Rightie Horror at Social Security

The right offers four objections to Social Security, each nonsense:

1. It's fiscally irresponsible and will bankrupt the country if not fixed. False.
2. Recipients are greedy geezers who'll bear the brunt of any fix without trouble, as they luxuriate in Florida or Arizona at our expense, while their families/children avoid responsibility for supporting them. False.
3. It's an investment program, ,rather than a transfer program, and, at that, a Ponzi scheme, fraudulent at its core and invariably bested by private, self-directed investment in equities. False.
4. It's the first step on a slippery slope to Soviet communism. False.

Other than that, they're right all the way...

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