Yesterday was the 75th anniversary of the enactment of Social Security. We can debate the need for such a program, but we have it and likely will until it becomes so insolvent that it can't be delivered anymore.
That said, President Obama vowed to fight the "mean Republican's" attempt to privatize the program. While this is not unexpected from a Progressive like the President, privatization would be a major step in the right direction to do so.
It's a shame, but free enterprise and privatization have gotten bad reps.
This country was built on free enterprise and, if it is to survive, it will do so on free enterprise.
Government produces nothing. It raises no money through the sale of goods and services except user fees.
Having government programs run by private enterprise shifts the financial burden away from government and allows them to run profitably - many local governments are now finding this out.
It would be great if the new Congress that we elect in just 78 days would grasp this concept and draw the line at anymore unneccessary government spending.
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