To: JohnM who wrote (2968 ) 7/1/2003 1:03:45 PM From: greenspirit Read Replies (1) | Respond to of 793887 res- bankrupt the federal government so the social welfare programs can be gutted, the ones which have helped alleviate poverty for the elderly; reallocate tax dollars to the rich who have been getting richer through the 90s; not help the states which are desperately under funded and in need of assistance; provide no assistance for public education; forget the needs of the inner cities; and on and on and on. John, I tried the other day in our conversation to let the issue drop, because I saw such a tremendous ideological difference between us. But, I just have to comment on this line of thinking now... Your general assumptions seems to be that America was in poor shape until the great social programs were enacted, blossomed, and then saved us all. My question to you is, how have you come to such a conclusion? What is this assumption based on? A few questions? How much have we spent to alleviate poverty in the U.S in the past 40 years? Now ask yourself, what do we have to show for those trillions? Now imagine for a moment, could another approach have worked better? Social security, as some of us warned long ago, faced total disaster in 1983. The system stood on the brink of bankruptcy. The only thing which save it was a massive tax increase. In truth, we really didn't save it, we just pushed-off to another generation the more difficult decisions of how to keep it viable long term. The myth is that some kind of trust fund exists. The truth is, it doesn't. Politicians of all stripes have been using the money in a kind of ponzi scheme since its inception. Medicare and Medicaid are in serious trouble as well. The system is collapsing on the weight of costs which are spiraling out of control. In order to sustain them, we will have to saddle the young with massive tax increases. Not such a problem if you're retired and looking to turn 65 I suppose. I for one, would like to see my children grow up in nation where they don't have to pay taxes for 6 months of the year in order for me to run around in an RV free of private insurance challenges. TORT reform would go along way toward management costs. However, the left is deep in the pockets of lawyer lobby groups fighting tooth and nail against reform. The bottom line is these programs have been massive failures given the fact that other solutions were much more likely to succeed long term. The problem with your analysis is it doesn't seem to have learned from the lessons of history. I can imagine someone 40 or 50 years ago believing large social programs were the best route to achieve social objectives. But, we have learned a lot in 40 years. We've learned that often there are better answers, which are more like a bridge between capitalism and socialism. 401K's were a bridge of this sort. A bridge, which far better protects the individual than Social Security ever has, a bridge which also built wealth at a much more rapid rate. Recently, my stepfather passed away. A great man who worked all his life. Do you think any of his Social Security money passed to my mother after he died? Not a drop of it. He worked his entire life putting into the system, and now his wife, my mother won't see a penny of it. You call that a successful system which works? I call it government-mandated theft. Thank goodness he was smart enough to have private life insurance. If a pension plan from one of the fortune 500 companies were set up the same way, the left would be screaming bloody murder to put the management team behind bars. Since it's a government system, the assumption from the left is everyone involved is some kind of altruistic caring person. Saddling people into poverty, dependent on the government for meager sustenance isn't caring for someone. Freeing them, by setting up a system where they can achieve real wealth, is what caring is all about. That's the big ideological gap between right and left. Tip O’Neil once said America was great because of its social programs. I say, America is great because creative people have been largely free of the shackles of government interventionism. Imagine for a moment if we had enacted 401K's instead of social security? Imagine if the government had set-up the system so that you could invest a percentage of your money in a private fund. Imagine how much our economy would have benefited had the money been used in the private sector, instead of seeing so much of it go down a waste-hole into a huge bureaucratic nest? Just imagine...