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Let’s pretend that we never heard of Social Security and start with the eighties, which was when we began to have investment options provided by many employers. Let’s assume that instead of Social Security the government had required FICA to be used for retirement, so that the government wouldn’t be stuck with welfare and Medicaid.p>For all intents and purposes this is where upper middle class br> Americans are now. A majority have growing investment accounts and affluence previously unheard of for elderly retirees. So we don’t have to make excuses to have private investments. All those in opposition to Bush’s Private Accounts, already have these accounts of their own, so their protests are a travesty. /p> p>The problem is that the debts of Social Security must be restructured and the plan must be allowed to expire as the beneficiaries pass away. It is no longer a good deal for anyone paying 15.3% FICA. It will be less expensive to get rid of than to try to patch it up. br> —
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?