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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: CalculatedRisk who wrote (21704)1/18/2005 10:04:58 PM
From: GraceZ  Read Replies (1) of 116555
 
Introducing moral hazard and incentive traps never promote social stability. We've substituted family support with that of the state. We're as divided as we've ever been in this country on these issues. Do you remember the last election at all?

Private insurance is always voluntary. SS is compulsory and this is my primary complaint. Like black slavery in the South pre- Civil War, I can't even buy my way out if I want to.
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