Chip Bok by Chip Bok
- December 19, 2008
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"Chip" Bok has been the staff editorial cartoonist for the Akron Beacon Journal since 1987. Through Creators Syndicate, his cartoons appear in over 100 publications, including the Chicago Tribune, Washington Post, New York Times, Los Angeles Times, Time, and Newsweek. He is also a regular contributing cartoonist for Reason magazine and serves as a member of the steering committee for The Reporters Committee for Freedom of the Press in Arlington, Virginia.
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Comments (4) Jump to Comments Form
dtriedel said, 11 months ago
Right. This analogy does not hold up.
BinaryWiener said, 11 months ago
Social Security is basically a Ponzi scheme. New young workers pay into the system but do not usually get their benefits immediately. Older and retired workers get benefits from the reserve.
Corosive Frog said, 11 months ago
Social solidarity, ever heard about it? If the new fellow didn,t pay, he’d have to pay for his sick father anyway…unless he abandons him.
jimmyHump said, 11 months ago
Social Security is first and foremost a promise to the American citizen that they have a safety net. The government also backs corporate pensions. What happens when corporations can’t pay their pensions? The government picks up the tab through its pension insurance program. If the money isn’t there, the gov works it into its budget or deficit spending. What will happen when the funding system for social security falls short? The government will work it into its budget or deficit spending to live up to its promise. Do you have any doubt of that? I don’t. I do doubt, however, that people like Madoff will ever live up to their promises. And these are the folks you’d like to turn Social Security management over to by privatizing it?