Friday, January 9, 2009
Entitlements Part 1.5- Social Security
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This brought up enough discussion that some things deserve to be addressed in a venue more public then the comments section. I will address as much as I can in no particular order. Here it goes.
First of all I did not mean anything seriously bad to the older folks who read the blog or your peer group. I poked some fun but it is just that, fun. I take a few friendly shots at just about everyone given the right setting. I am enough of am asshole that if I wanted to say something really mean I would.
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The most interesting idea that came out of the comments was what happened in Chile with their SS plan in the 1970’s. If you are as familiar with that as I was three hours ago then read this. I think that is sort of idea is probably the best chance of making our system viable but I still have the same big question/ concern I had about going to a privatized system before reading that article.
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Guess who made that comment? It is a good discussion about the Social Security Ponzi scheme and how to plan around it. No need to rehash it here or repeat my comments. You can read them over there.
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