Mainstream Economist: Retirement is History

You probably knew already that retirement was over, but it is worth noting that a liberal economist is admitting it. Of course, she doesn’t hold herself or the institution where she once worked (the Federal Reserve system) in any way responsible for the mess. From the Boston Globe: “A warning on realities of work, retirement.” Alicia Munnell has never been one to sugarcoat her opinions. As a top economist at the Federal Reserve Bank of Boston in 1991, she shook up the New England Read more […]

Amnesty Will Make Social Security Worse

Over the next 75 years the Social Security “program is scheduled to pay out $134 trillion more in benefits than it will collect in tax revenue, according to agency data.” But long before then, Social Security will be sucking wind, and worse, sucking money out of our paychecks with ever diminishing returns because of Quantitative Easting, that is, inflation (government theft). Liberals claim that amnesty will help the flow of new capital that will bail out the system. The argument goes that Read more […]

Liberals Spend Other People’s Money and Call it ‘Caring’

From 1986 to 1990, ALF aired on NBC. The title character is a friendly but opinionated extraterrestrial nicknamed ALF (an acronym for Alien Life Form), who crash lands in the garage of the suburban middle-class Tanner family. At one time I thought the voice for ALF sounded a lot like Rush Limbaugh. Some of the things ALF said reminded me of a number of Limbaughisms. In an early scene from the 1986 episode “I’m Your Puppet,” ALF had ordered a ventriloquist dummy, but used Willie Tanner’s Read more […]