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MorlockP's profile
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
@MorlockP

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ⓘ Dogs don't have thumbs

@MorlockP

Two-time Prometheus award-winning hard science fiction author. https://www.amazon.com/dp/B005JPPMS6  Learn how to homestead https://www.amazon.com/dp/B093BC3K1T 

Aristillus Crater, Luna
amazon.com/dp/B005JPPMS6
Joined June 2012

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    1. The Gormogons‏ @Gormogons 30 Jan 2019

      The Gormogons Retweeted James E. Clyburn

      GP Yes. Insurance. As in, "Buy this product and pay for it over time and *if* you ever need it, we will pay you." Social Security is not a pension. If you don't need it, you shouldn't get it.https://twitter.com/WhipClyburn/status/1090627604565102593 …

      The Gormogons added,

      James E. ClyburnVerified account @WhipClyburn
      Social Security isn't an 'entitlement.' It's the insurance hard-working Americans have paid for with every paycheck. The Social Security 2100 Act ensures this earned benefit will be available for the current generation of retirees and the generations to come. #Secure2100
      3 replies 1 retweet 2 likes
      ⓘ Dogs don't have thumbs‏ @MorlockP 30 Jan 2019
      Replying to @Gormogons

      "if you need it, you get it, if you don't, you don't" is an invitation to moral hazard ; it actively disincentivizes saving. SS benefits should go to everyone or no one (I prefer the latter). Gov mandated saving in individual accounts is best of all (given the real world)

      9:06 AM - 30 Jan 2019
      • 2 Likes
      • Frank Vance The Gormogons
      2 replies 0 retweets 2 likes
        1. The Gormogons‏ @Gormogons 30 Jan 2019
          Replying to @MorlockP

          GP Meh. Increase the number of quarters you have to have paid in to be eligible. Count home equity and retirement holdings in the calculus.

          0 replies 0 retweets 0 likes
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        2. ⓘ Dogs don't have thumbs‏ @MorlockP 30 Jan 2019
          Replying to @nels_christian @Gormogons

          "given the real world" - i.e. political resistance to all the things I really want restated: "gov mandated savings into individual accounts is the best we could possibly hope for"

          1 reply 0 retweets 1 like
        3. End of conversation

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