Monday, February 25, 2013

Thomas Sowell makes another great point

Private insurance companies that sell annuities are forced by law to set aside enough assets to cover the cost of the annuities they have promised to pay. But nobody can force the government to do that — and most governments do not.
Why can't we force the government to do that? Don't they work for us?
We may not have time to recover from our short-sighted policies.
Let's hope these words never become prophetic.

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