Quote:
Originally posted by Gattigap
It also needs workers, many of whom can be quite, and comfortably, risk-averse. Taking a general preference for a system that's been in place for decades, and extrapolating that to society's pathetic and inevitable decline, isn't really warranted, because that argument suggests that we've just been asking for it since the 1930s.
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Ah, but we're not in a time where everyone has the option of being risk averse. When there's less profit to be made, the first thing axed is the worker. And when the cure for the bad effects of that is greater and greater entitlements, the cost of which strangles the entrepreneurs, well, you have a vicious cycle on your hands. I'm not saying we're there, but lets just say, unless there's an amazing bubble out there on the horizon, we're in for some bad times in the near term for anyone who doesn't understand how to manage his finances, so why not allow people to take the ball and run if they want to? How can people argue with a voluntary option program letting those who want to do so control a bit of their financial futures?
