Thursday, July 13, 2006

SOCIAL SECURITY: According to the National Council for Capital Formation,Social Security lowers private saving and investment and, as a result, GDP is at least five percent lower than it otherwise would be. Moreover, had people been able to use the money for private retirement plans, they'd earn much more than the paltry sum Social Security pays out. -- Walter E. Williams,townhall.com, 7/12/06

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