John Taber, a Republican representative from New York, went further and said of Social Security: “Never in the history of the world has any measure been brought here so insidiously designed as to prevent business recovery, to enslave workers.”
I'd much rather have had mine and my employers contribution going into a market type account over the 35 years of working than I would have going into social security. I carried personal life insurance and disability insurance to cover those situations. I'd have been MUCH better off without it. But because people lack discipline and personal responsibility I have the poor investment we call social security.
Worked out great for Ayn Rand.
See...you can only think in the narrow parameters of ideology. You're thinking, since my post appears anti social security to you, that I'm espousing some kind of conservative ideology. I can understand how someone who can only view the world through the prism of politics might think that way. You know...that guy said something remotely conservative so therefore I'm obligated to reply with some kind of witty retort where you believe (in your mind) that you somehow trapped me in some kind of hypocrisy with the Ayn Rand comments.
But where you're wrong...and it's difficult to see when your whole world is democrat-good and republican-bad..is I couldn't care less if Ayn Rand is perceived as being hypocritical for accepting social security after her bout with cancer later in her life. If she is hypocritical, so be it. I'm not vested in any kind of win or lose politics where you have to stretch the borders of a point of view to score victory for your ideological team.
That said, I might argue that the Ayn Rand disagreement was with welfare and those who didn't pay there own way. Perceiving hypocrisy, as though she accepted some kind of hand out, because she accepted the support of a system she paid into her whole life, isn't exactly free loading. It's like paying for medical insurance and being criticized for using it. The gripe lies with the able-bodied people (note I said able-bodied) who don't work , thus never paying in, yet still reaps the benefits. Now THAT was the Ayn Rand gripe.
But either way, whether Rand was hypocritical or not, if you look outside the blinders of politics for a second you can see that the truth of Ayn Rand doesn't change the fact that I'd be much better off if mine and my employers contributions went into a market fund. MUCH better off.
Sorry, after going back and re-reading your former post, I can now see you are a strong proponent of the social security program. My bad.
That's better. I'll take sarcasm over ideological allegiance any time.
GK, great reply for one who wasn't worthy of the effort it took.
Yep, not if they are not willing to sacrifice the present for the future.
There are millions of people in this nation who work hard, are disciplined, and have personal responsibility who would have nothing to retire on if not for SS.
When Ayn Rand passed on, her estate was still worth about $1.2 million. What a hypocrite that she decided to get on the government teet not for being destitute. Rose Lane and Isabel Patterson both refused to accept any such benefits, and Ayn certainly could have done the same. So much for Ayn's belief that getting that gubment check in and of itself is degrading to one's worth.
The problem is, Ayn Rand wasn't taking the money she paid into SS ... she was taking the money that workers were contributing to SS at that time.
It absolutely is a retirement program that is one leg of that three legged stool (with savings and a pension as the other two).