Friday, March 1, 2013
Libertarianism Dot Org: Video: Peter Ferarra: Social Security: "The Inherent Contradiction": The Purpose of Social Security
Social Security is simply a retirement insurance system, that it is its basically there for people who don't have enough of a pension fund. So once Americans become too unhealthy too work, meaning they are no longer physically and mentally able to work long enough to support themselves. Or aren't able to work at all and they don't have enough of a pension fund to pay their bills for. The rest of their lives, at least they'll have Social Security and hopefully not have to live off of their children. Who have their own bills to pay, as well as raising their own kids their parents grandchildren.
Social Security was never meant to be a retirement system, whether its a public retirement system run by the government. To go along with private pension plans or a single payer retirement system where its the only retirement system in the country. Nor should it be because we should all be worried about centralize power, one organization or another private or. Public that has so much power over us that we have no where else to go other then whoever holds. This power for us or over us but Social Security is simply there for people who otherwise wouldn't be able to pay their bills.