Thomas Sowell discusses the common sense economics of privatizing Social Security by demonstrating flaws in the current system in easy to understand terms. He addresses the issue in two articles:
Part One: "Would you sign a contract that enabled the other party to change the terms of that contract at will, while you could neither stop him nor make any changes of your own? Probably not. Yet that is exactly what happens when you pay money into Social Security."
and Part Two. Read them both. If everyone in America read these, they'd demand privatized Social Security.
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