Social Security is not going insolvent. Not now, and not in ten years. Write it down and do so confidently. The surest sign insolvency in no way looms in Social Security’s present or future can be found in the certainty that there’s no “lock box” and there never was one. The paradoxical truth is […]
Not Now, Not In 10 Years, Social Security Isn’t Going Insolvent Read More »
It’s a popular lament on the right that Montgomery (Maryland) and Fairfax (Virginia) are the two richest U.S. counties in an income sense. Each abuts Washington, D.C. Get it? The above question isn’t meant to demean correct frustration with the size of government, but it is meant to show the limits of high, frequently
W-2 Earnings and Cash Are Far From the Path to Retirement Wealth Read More »
Cato Institute co-founder Ed Crane has always said that freedom is the answer to any question about economic growth. If people are free they’ll have all the prosperity they could ever want. Crane’s view of the world is something President Trump should embrace. In the next four years all manner of economists and budget
Trump Shouldn’t Fix Social Security, He Should Free People From It Read More »
It turns out back-scratching is a profession. And a well-paid one at that. So is sleeping, videogame playing, and college sorority consulting. As automation and globalization continue to lay waste to the backbreaking work of the past, jobs associated with the most specialized of skill sets are exploding. It’s a beautiful development on its
An Easy Fix For Social Security Hides In Plain Sight Read More »
Social Security is in the process of morphing into “universal basic income” (UBI). The previous statement isn’t an endorsement of UBI, as much as it’s a prediction about what’s going to happen. Is this a good development? The view here is that it’s a bad one, and not because people will cease working. Instead,
Social Security Will Morph Into UBI When No One Needs Either Read More »
