http://www.mises.org/story/2451
Making Kids Worthless: Social Security’s Contribution to the Fertility Crisis
By Oskari Juurikkala
Posted on 1/24/2007
***Begin Quote***
Every kind of socialism creates perverse incentives, and socialism directed to the family perverts the family. Because everyone has to pay for the retirement of everyone else, it does not pay to have children. Of course, people will still continue to have some children, simply because they want to have children as ends in themselves. However, as far as economic incentives are concerned, it has become economically more “rational” to free ride on the children of others. No surprise that masses of people embrace present-oriented lifestyles and refuse to commit themselves to real marriage with children.
***End Quote***
One has to wonder what the true costs of America’s dabbling with socialism. We have allowed the politicians to create the Unites Socialist America.
How do we turn it around?
Honest money, private education, and ending the dole.
Seems simple but it would immediately reverse the perverse incentives discussed in the article.
Reinke Faces Life 