Social Security: There Is No Crisis
They agree!
For a government to offer choices as if they provided freedom would only make the tasks of running a government more expensive, and with it, greater needs for more taxations, and more inefficiency in government.
The capitalist system is designed to give people choices, but I don't think the government should be modeled after corporations, especially since capitalism allows different businesses to compete offering similar models, but a government has no competition, and it can't run efficiently, making privatizating social security benefits an expensive risk that will hurt those who don't know how to invest in the stock market (unless government will re-imburse the loss, meaning more expense, especially in a down-turn economy).
I have no doubt that in some forms, privatization will pass anyway, benefiting the rich more than it benefits the poor. And also, how should a government deal with a group of individuals trying to manipulate the stock market? There are many issues to discuss, and since this will pass because Bush is more powerful than before, and is campaigning for it very aggressively, there should be a debate about what government should and should not do. Otherwise, the Republicans will keep pushing their own legislation, and the Democrats can either vote "No" or try to pass their own.
UPDATE: for reference, my previous note
The drumbeat begins with the declaration that there is a crisis.
For a government to offer choices as if they provided freedom would only make the tasks of running a government more expensive, and with it, greater needs for more taxations, and more inefficiency in government.
The capitalist system is designed to give people choices, but I don't think the government should be modeled after corporations, especially since capitalism allows different businesses to compete offering similar models, but a government has no competition, and it can't run efficiently, making privatizating social security benefits an expensive risk that will hurt those who don't know how to invest in the stock market (unless government will re-imburse the loss, meaning more expense, especially in a down-turn economy).
I have no doubt that in some forms, privatization will pass anyway, benefiting the rich more than it benefits the poor. And also, how should a government deal with a group of individuals trying to manipulate the stock market? There are many issues to discuss, and since this will pass because Bush is more powerful than before, and is campaigning for it very aggressively, there should be a debate about what government should and should not do. Otherwise, the Republicans will keep pushing their own legislation, and the Democrats can either vote "No" or try to pass their own.
UPDATE: for reference, my previous note
The drumbeat begins with the declaration that there is a crisis.
posted by Alan at January 20, 2005
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