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What just ain't so:

  • "Social Security is in crisis; it is headed for bankruptcy."
  • "For young people, SS just won’t be there for them when they retire."
  • "The Social Security Trust Fund surplus is just a pile of worthless IOUs for money that the government has collected and already spent; it will renege on them rather than paying them back when due."
  • "Because everything the gov’t administers is inefficient, the gov’t paying for health care would be far less efficient than paying via private health insurance companies. "
  • "Clinton reversed the trend and moved the US budget from big deficits to big surpluses."
  • "It is well established that tax cuts increase government revenue."
  • "Free markets and free trade make everyone better off because they increase GNP and “a rising tide lifts all boats.”

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May 16, 2011

Comments

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Tom Hagan

I will look into adding a 'like' button. I have been reluctant to promote a practice that may compromise security.

Tom Hagan

Tom Hagan

Dan-

True enough. But then there is this, from the piece you link: “Unfortunately, there is no easy and cost-effective way to travel between the major cities of the northeastern US. That is the region’s single greatest limiting factor.”

Tom

Daniel Weinreb

I can't disagree, but the one good thing about it's being slow is that you can get more work done. See http://www.xconomy.com/new-york/2011/04/01/new-york-city-and-boston-the-entrepreneurial-dream-team/ -- Dan

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