CovenantNews.com

Why Should Your Children Pay for My Retirement?

Gary North / LewRockwell.com:
For the same reason that my children will pay for yours: because the government has offered them a deal: it will pay for our retirement. The problem is, Social Security goes bust this year. If you don't believe me, click here. The government has promised to pay for my retirement and yours. How? Congress has stuck a gun in the collective bellies of all of America's workers and has said, "You owe the IRS the money to fund millions of oldsters. Your turn will come. Trust us." What if our children ever decide that Congress's promises are not reliable? What if they decide that their children – our grandchildren – will decide to stiff them? Will they pull the Medicare/Social Security plug?

Posted by Editor at March 19, 2010 01:02 AM