June 13, 2011 | 127 comments
February 22, 2011 | 48 comments
February 14, 2011 | 78 comments
February 7, 2011 | 43 comments
February 2, 2011 | 24 comments
Entitlements? Uncle Sam’s big bait and switch.
(Page 2 of 2)
The president said in his State of the Union speech that “the state of our union is strong.” Though not strong enough, apparently, for Americans to invest in.
But Chile is strong enough for Chileans to invest in. Chile privatized its retirement system in 1981. Workers are required to invest at least 10 percent of their salary in a personal retirement account, but they can invest more, and they can determine when they retire — whether it be age 45, age 65, or age 85. The poor and people unable to work can still be covered by a government plan.
If Chileans can have private plans, why can’t Americans?
Because the liberals won’t let them. And unless the Republicans can learn how to teach Americans about personal retirement accounts, Americans will be doomed to the clunky Model T retirement system designed by Franklin Roosevelt and preserved by generations of big-government liberals.
Small-government Republicans will have a receptive audience. A Pew Research poll taken last September found that 58 percent of the public favors allowing workers younger than age 55 to invest part of their Social Security taxes in personal retirement accounts. Seventy percent of those younger than age 30 favor personal accounts, while — pay close attention, please — 66 percent of those under age 30 voted for Barack Obama. Wow! That’s called an opportunity.
If Republicans lack the imagination to seize that opportunity, they deserve to be haunted for life by the ghost of an ex—Social Security recipient, a poor, unfortunate, ex-Communist Bulgarian immigrant named Ephram Nestor.
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?