From: Damien Sullivan (phoenix@ugcs.caltech.edu)
Date: Tue Nov 12 2002 - 13:47:21 MST
On Tue, Nov 12, 2002 at 09:59:23AM -0500, Dehede011@aol.com wrote:
> In a message dated 11/12/2002 8:16:52 AM Central Standard Time,
> maxmcorp@worldonline.dk writes: Actually I believe that the most honest
> system is to have a minimum pension from government, as a baseline income.
> Then you can have your own private pension on top of that.
>
> Max,
> I would approach that idea with maximum trepidation. You will have
> let not the camel but the mooches and the power seekers in your tent.
> Ron h.
Oh lord. This is why I don't call myself libertarian anymore. Max's point
was perfectly sensible. Rich societies these days try not to let people
starve, especially old people screwed by forces beyond their control. So we
can pretend everyone's responsible for themselves, and enjoy the fun of moral
hazards as people know they'll be ultimately bailed out, or be upfront about
the gov't providing a safety net, and let people take their risks above that
baseline. The alternative is to actually let people die.
-xx- Damien X-)
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