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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (161716)2/20/2003 12:22:00 PM
From: i-node  Respond to of 1576346
 
Think about that one for a minute. Social Security was supposed to be a support program in times of economic strife.

One really has to question the value of ANY pension that depends on prevailing economic conditions for its ability to provide benefits.

Pensions must have an extemely long-term outlook -- 50 years minimum. Yet, by the time SS reached its 50th birthday it was already out of money.

A lot of people have benefitted, and for them I'm grateful. But the reality is you can't manufacture money out of thin air without someone, somewhere getting hurt. Here, future generations have been hurt terribly, perhaps irretrievably.



To: Tenchusatsu who wrote (161716)2/20/2003 2:26:58 PM
From: SilentZ  Respond to of 1576346
 
>So you could say that liberal social programs can only succeed in times of failure, i.e. planning for failure. That's an overgeneralization, of course, but I hope you get the point.

No, it's just that that program was established during a period of extreme failure, and as such, the planning wasn't perfect. How would you have set it up?

-Z


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