Acton Institute Powerblog Archives

Post Tagged 'social security'

The Hidden Tithe

Recently I got a phone call from an engineering manager I’ve known for over ten years. He informed me that he’d been laid off last spring, but before I could offer condolences he added that he’d been hired by another company in the same industry for a consulting assignment. Continue Reading...

Acton Commentary: An Ode to Power

“Power permits people to do enormous good,” Lord Acton once said, “and absolute power enables them to do even more.” This wisdom from the nineteenth-century’s champion of state prerogative applies as well today. Continue Reading...

Ponnuru on Ponzi and Pyramids

Ramesh Ponnuru says Social Security is worse than a Ponzi scheme. He’s right. It’s more like an inter-generational pyramid scheme, a pyramid tipped on its side… To be sustainable, over time (T) it has to take more from more people (thus a three-dimensional pyramid rather than a two-dimensional triangle. Continue Reading...

The Pact

It might seem like ancient political history to younger readers, but once upon a time there was a Republican Speaker of the House named Newt Gingrich and a Democratic President named Bill Clinton. Continue Reading...

Pollyanna Krugman

In my commentary on Social Security yesterday, I referred to the latest trustees’ report as evidence of the continuing need for reform. Anyone who happened to see New York Times columnist Paul Krugman’s blog a day earlier might understandably wonder whether we were looking at the same report. Continue Reading...

Treading Water on Social Security

According to Census Bureau estimates, the population of the United States will hit 300,000,000 sometime in the next couple weeks. Discussion of the significance of this demographic milestone, such as the latest issue of US News & World Report brings to mind a related topic: social security. Continue Reading...

The Real Third Rail in Politics

In this week’s Acton Commentary, Jennifer Roback Morse wonders why no one is talking about the Forbidden Topic in the Social Security debate. That taboo subject is the declining birth rate. Continue Reading...

Nipsey Russell on Social Security

Nipsey Russell (1918-2005) I was flipping stations tonight and passed the Game Show Network, which was showing reruns of Match Game ’74. Nipsey Russell, the so-called “Poet Laureate of Television,” began the show with this poem for prosperity: To slow down this recession, and make this economy thrive, give us our social security now, we’ll go to work when we’re sixty-five. Continue Reading...