Friday, March 25, 2005

Just don't call it "welfare", or you'll make the AARP mad

The Washington Post has an editorial today on all the hidden sources of welfare in our society that we don't really regard as "welfare":

Welfare Junkies

The article makes a very salient point: if Social Security pays out more than it gets in from its recipients, it's not forced saving, social insurance or a "retirement investiment" plan. It's welfare. And until we start thinking of it as such, we aren't going to be able to fix it.

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