[ExI] Usages of the term libertarianism
Damien Sullivan
phoenix at ugcs.caltech.edu
Tue Jun 14 22:50:05 UTC 2011
On Tue, Jun 14, 2011 at 08:23:16PM +0200, Eugen Leitl wrote:
> On Tue, Jun 14, 2011 at 10:00:18AM -0700, Damien Sullivan wrote:
>
> > And the young workers can anticipate being retirees on secure pension
> > later.
>
> The pension funds are an intergenerational wealth transfer, and
> already running on empty. It's barely enough for the current-generation
Running on empty? US Social Security could pay 75% of benefits
indefinitely, and small tax increases would maintain the usual benefits.
> retirees. The current young workers be better angry young workers.
> It isn't as if the situation is sudden, and completely unanticipated.
Or accurately portrayed by those who want to profit from privatization.
-xx- Damien X-)
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