Michael Tanner
Michael Tanner
accounts hole private security social
You can't use private accounts to make up the Social Security shortfall; the hole is just too deep.
event needs portions serving
Every event needs a sacrificial lamb. They'll be serving portions of me, I understand, for lunch.
accounts benefit individual offset otherwise reduction
Individual accounts offset some of the benefit reduction you'd otherwise see.
history living purchase simply somewhere time virtue
This is the first time in the country's history where simply by virtue of living somewhere you are mandated to purchase a product.
debt defense good might money opponents paying rather rebuilding saying security social spending surplus
The Social Security surplus is always being spent. Now it's going to defense and rebuilding rather than paying down debt. From a psychological standpoint, spending it may even be good for privatization. Opponents might use that surplus as a hedge, saying we've got money in a lock-box and don't need to privatize.
benefits guaranteed legal less
You have no legal right to those benefits at all. There is nothing in the world that is less guaranteed than a politician's promise.
careful generalize help remains whether
Whether it will help remains to be seen. We have to be careful not to generalize before we have enough information.
government opposites welfare-programs
The tragedy of government welfare programs is not just wasted taxpayer money but wasted lives. The effects of welfare in encouraging the break-up of low-income families have been extensively documented. The primary way that those with low incomes can advance in the market economy is to get married, stay married, and work—but welfare programs have created incentives to do the opposite.