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We need to move beyond good intentions and craft public
policy that actually works. The first step in building a
viable system is to acknowledge that Social Security as it
exists today is a failure either way you look at it. If you look at Social Security as a system of taxation and
redistribution, it takes from a single minority male worker
and gives to married white women who never contributed. And
if you look at Social Security as a forced retirement
savings program, it produces such a terrible return we might
as well invest in gold. Neither perspective is worth
continuing.
[click here to read more]
David John Marotta's article, "Neither Rationale for Social Security Works," was featured in the Hernando Today newspaper. To read more, visit them at www2.hernandotoday.com.
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