Monday, October 15, 2012

Government Money Handling Insanity

Here's a young man, 40 years old. He discovers he's got AIDS. He's got ten more years to live. Then the government comes along and say "we have to take fifteen percent of your income to provide for your old age after 65."
- Milton Friedman
That was Milton Friedman commenting about social security and how you are not paying for your retirement but other people's retirement. The following is a wonderful interview with this man.

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