Do Away With Social Security?
There don’t seem to be a lot of history majors in politics these days. Nor are there a lot of fans of English literature. But, there are a great many people in the political professions who seem to think that our system of safety nets (Social Security, Social Security Disability) are at best unnecessary and at worst some sort of tyrannical theft by the government. They also seem to think that if we just got rid of the safety nets and quit taxing the citizens, or if we just privatized social security or even just cut everyone loose to fend for themselves, then somehow the magic of the free market would sort everything out.
Anyone who believes that has either a tenuous grasp on reality or no knowledge of history, or both.
Back before Social Security, it used to be believed that the poor were being punished by God for their lack of industriousness and poor moral choices. While this might not be the mindset of those who wish to do away with Social Security nowadays, their current thoughts on the matter are hardly much better. “Why haven’t the poor done a better job of looking after their investment portfolios?”
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