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Social Security vs. Private Retirement

This video gathers the info, crunches the numbers, and makes a good analysis with suggested alternatives for a greater return. I feel this video provides a useful perspective.

One word of caution. Any return in the market place is a result of a portion of productivity being used to reward capital investors. Any "return" calculated on Social Security is a percentage of inter-generational wealth transfer.

Although it is good to analyze these programs on their own merits, we sometime error in thinking that the true goals of the program are the stated goals of the program. With governments this is rarely the case. Mandating, taxing, and paying benefits means controlling wealth, incentive, and punishing & rewarding according to political whim rather than as a result of wisdom, diligence, analysis, and prudence. Each governmental program is a slush fund to reward somebody at the expense

Added: May-2-2012 Occurred On: May-2-2012
By: Yukon6400
Tags: social security, retirement, slush fund, redistribution. theft, pillage, lies, lying liars, FDR
Location: United States (load item map)
Views: 887 | Comments: 12 | Votes: 1 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 1
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