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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Lane3 who wrote (65081)8/29/2004 11:36:36 AM
From: Mary Cluney  Read Replies (3) | Respond to of 793964
 
<<<Privatizing SS only satisfactory if it is done with the understanding that it is just an intermediate step.>>>

This Ayn Rand stuff - greed is good or self interests will take care of everything - makes a good read, but I doubt it has any real practicality.

I doubt that as we become more and more civilized, we will ever tolerate people starving in the streets because they were too lazy, stupid, or unlucky in life.

Social Security will never provide everyone with a luxury life style. It can provide a safety net so people can grow old and die in some dignified fashion.

To worry and fear that everyone will be satisfied with a subsistence level existence is probably without any real foundation.

Of course, if we become some third world country - without real wealth - and people have to fight each other for existence - well then all bets are off.

But, I am optimistic enough to believe that our country can and will generate enough real wealth and be able to put a floor on misery.

I don't think Bill Gates or Warren Buffet is too worried that government will put a ceiling on how much wealth they can accumulate. I don't think they are losing any sleep over that possiblity.

BTW wasn't Alan Greenspan a student of Ayn Rand?