Comment: I'd say your critique of Rand

(See in situ)


I'd say your critique of Rand

I'd say your critique of Rand also applies to your own statement. You aren't entirely wrong in your statement, but a bit misleading.

Social security and medicare aren't "paid for" in the sense that they are self funded. The are "paid for" in the sense that a portion of the population fund what they receive back, but the money to fund what these programs owe isn't there and thus benefits will need to be cut or the money taxed/borrowed to cover the difference.

I sincerely doubt Rand wants to take from SS for the defense budget, but I do think he'd be willing to reduce benefits to better match what is actually collected & maybe even free us from the terrible programs eventually.