Social Security

No Sherman March for the Welfare State

No Sherman March for the Welfare State

Just as an individual needs a reality-oriented form of psychotherapy, a nation or a culture needs a reality-based set of solutions to get out of any mess it finds itself in.Consider a bit of history. General William T. Sherman turned the tide of...

Wisconsin's Paul Ryan Takes on the Welfare State

Wisconsin's Paul Ryan Takes on the Welfare State

Of all the new faces in the new House of Representatives, the only one -- so far -- to not speak the Republican dialect of "Washingtonspeak" is Paul Ryan, of Wisconsin. Ryan has been in Congress for a decade, but he’s about to become a lot...

Happy Birthday Social Security?

Happy Birthday Social Security?

In his weekly radio address this past Saturday, President Obama happily commemorated the 75th anniversary of Social Security. From my perspective, the milestone is nothing to celebrate. For although the president spoke earnestly about the...

Capitalism vs the Welfare State: The Next Vote

Capitalism vs the Welfare State: The Next Vote

Let's sort out some things.As a political and economic system, socialism is government ownership and management of the means of production and distribution of goods, the control of money, and the abolition of profit and private property. These...

The Future of Social Security?

The Future of Social Security?

One of the slowly-simmering issues I try to follow is the future of Social Security. Eventually, the current Ponzi scheme is going to go bankrupt, and right now there's no morally principled reform on the horizon. So one big question is what sort...

Don’t Save Social Security

Don’t Save Social Security

With the first Baby Boomer collecting Social Security last week, on the heels of a Bush administration announcement that Social Security faces a $13.6 trillion shortfall, the issue of how to "save" Social Security is once again on the table. While...

Social Security is a Monstrous Injustice

Social Security is a Monstrous Injustice

Throughout the nation, a fierce debate rages over Social Security. One side, led by President Bush, says the system is in crisis and must be saved via "partial privatization." The other side says the system is basically sound and can be saved with...

Something For Nothing: Social Security

Something For Nothing: Social Security

Suppose someone left you an inheritance of a million dollars -- with the proviso that every cent of it had to be spent on tickets for you to go watch professional wrestling matches. If you happened to be a professional wrestling fan, you would be...

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