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How to Grasp the Third Rail by Jim Davies
On
January 11th, President Bush announced his panel to recommend
needed changes in Social Security, and since for at least a quarter
century anyone able to think straight and do math has been well aware that
the system is irreparably broken, it would be amazing if at least some of
his advisors have not made that fact clear to him. Indeed, it may be that
that's why he formed the panel. Nonetheless, the huge camera-catching
banner behind him read, "Strengthening Social Security"; never
mind what he and they do, what he says is, he wants to
"strengthen" it. Not to scrap it, not to wind it down or phase
it out, but to pour even more stolen money down the same bottomless
rat-hole. A
quite splendid example, I thought, of the great disconnect between what is
said politically, and what is done--or what may be hoped is done. The
dilemma these politicians face is that the financial chickens are coming
home to roost; like it or not, what is paid in to the alleged Social
Security Trust Fund is not enough to meet what they have promised will be
paid out. Somehow, they have to renege on all those promises that helped
get them re-elected, while making it look as if they are solemnly honoring
their words. Hence that banner, for starters. If Social Security is
preserved, they will for certain have to raise taxes, cut benefits, or
both. Such brutal reality seldom intrudes so harshly on their make-believe
world, and they all know that votes will be lost whatever mix of those
unpalatable dishes they pick. The
Bushies are choosing to resolve the dilemma by tinkering with that word
"if"--that is, they are daring to speak of the non-preservation
of the Social Security system. They may well propose to unwind it, to take
the dreadful step of allowing younger workers at least to invest some of
their own savings the way they want, instead of in the way the government
wants. It's very puzzling that if that's the right thing to do (it is),
why don't they do it fully, and "allow" all workers of any age
to invest all their own savings any way they choose? Okay,
maybe it's not all that puzzling. Any reduction in the extent of the
Social Security system represents a retreat for government, a reduction in
its power--so they are desperate to make the reduction as small as may be
consistent with mathematical reality. So
much for politics as usual. But what shall we anarchist libertarians say
about this, when our neighbors beat a path to our doors and plead for our
opinions? When they insist on having mine, I first direct their attention to what the Social Security system actually is: a wickedly immoral scheme for transferring wealth from the people to the government, which simultaneously sets the older generation off against the younger, thereby disrupting the very fabric of society. This isn't quite what they may have expected, and it may need to be spelled out a bit, so with the aid of a web page (click on "Hurt the Old"), I've done just that. Once
that reality sinks in, the mind is ready to consider what ought to be
done, and with that preparation the answer is entirely obvious: it must
go. Zap it, scrap it, terminate it absolutely and as fast as feasible. The
only remaining question is: How? If
we achieve a Zero Government Society then Social Security will be merely
one program that gets trashed along with all the rest, so that question is
relevant only if somehow Social Security is to disappear before that happy
day arrives; and the method is not too hard to see. Right now, the
politicians are tinkering with it only because they have to, because as it
stands, it's blatantly insolvent; very well, to get it scrapped
altogether, it must be made even more insolvent. How? Obviously, by
encouraging our neighbors (who vote) to vote for more and more Social
Security benefits and less and less Social Security taxes! Easy! Now
I can refer to my opening paragraph, and do remember, won't you, that my
opinion here is strictly impartial. I'd like the Social Security pension
to be tripled. That would bring it up to the level I'd be receiving now if
I'd been allowed to invest the same part of my earnings in the stock
market as was stolen for the Social Security system--so that's only fair,
right? And while they are at it, I'd like to see full coverage of all
medications, prescribed or not. And did I say a "tripling" of
the pension? Well, no, surely it would be more generous to the golden
generation to multiply it by ten. I'm worth it, after all. And the harsh Younger Root Strikers will celebrate Social Security's demise with wild parties going on long after my bedtime, for you well know you will in due course enjoy a highly prosperous retirement; and while my equally grizzled fellow Root Strikers will see the good sense of all this too, I'd offer just one word of caution: If this method were to be applied, it will, as planned, bring the system crashing to the ground with wonderful speed, so we'd better salt away some of that increased pension to permit survival when it's gone. discuss this column in the forum Jim Davies is a retired businessman in New Hampshire who has written on freedom topics in newspapers and at TakeLifeBack.com, and wants to experience a free society in his lifetime. |