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AndrewMcCormickFirstPaper 3 - 26 Mar 2009 - Main.IanSullivan
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The positive effects of Social Security are significant. But, Social Security requires periodic adjustment. In making changes, looking at what Social Security does, and the effects of changes is preferable to the rhetoric of buying, selling, and scheming. Rationality is preferable to rationalizations, and pushing the discussion toward rationality and justice is a job that may be done by lawyers. | |
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- I'm surprised you feel that the subject deserved this much treatment. It seems to me the whole thing can be put this way:
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You are entitled to restrict access to your paper if you want to. But we all derive immense benefit from reading one another's work, and I hope you won't feel the need unless the subject matter is personal and its disclosure would be harmful or undesirable.
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- In the United States, we have an incomes maintenance policy designed to prevent poverty among the elderly, the permanently disabled, and the children of workers who have died. All three components take the form of social insurance systems, to which employers, workers and society as a whole contribute. For historical reasons, some portion of this policy takes the form of a notionally individual savings plan, in that workers can see the contributions they have made in relation to their eventual retirement benefits. This connection is often exaggerated by those who want to privatize the management of all that money.
- If you've gone no further here, which—a few decorations aside I think is the case—you've established what happened in both 1935 and 2005. But making terminological efforts to define "Ponzi scheme" so as to prevent an essentially metaphorical use seems peculiar to me: you can't prevent other people from using words in a loose sense by careful definition.
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