"There's a moral dimension to Social Scurity that few have the guts to address. What moral principles, consistent with liberty, justifies forcing a person to set aside a certain portion of his weekly earnings for retirement and jailing him if he fails to comply? Retirement isn't the only important item for which we should budget. How about a congressional mandate that we set aside a certain portion of our weekly earnings for housing, food, entertainment or our chilidren's education? Were Congress to propose a measure that would require each American to set aside a portion of his weekly earnings for these items, most of us would see it as tyranny. Pray tell, what's the difference in principle for a congressional mandate that requires setting aside earnings for retirmement versus a mandate setting aside earnings for housing or our children's education?"
Thursday, April 21, 2005
Walter Williams has some interesting questions .