Tag Archives: social security
Promises They Can’t Keep
What do General Motors, Greece, and California all have in common? Yes, they’re all broke. More specifically, they all went broke because of unfunded pension obligations. This is a pernicious moral hazard, especially in government. It allows politicians to make … Continue reading
Filed under Finance
Come Back, America!
Now, here’s a guy who can make you wake up screaming. David M. Walker, former Comptroller General of the United States, was on the radio yesterday. He laid out exactly how broke America is, and what the consequences are likely … Continue reading
Privatize Social Security
The Economist wonders “whether it makes sense to let people retire at 65.” Jeremiah wonders why the government is telling him when he can retire. They only have this authority because they have taken thousands from Jeremiah throughout his working … Continue reading
Filed under Finance
