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08-14-2009, 05:55 PM
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7,414 posts, read 10,770,819 times
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Quote:
The event gave participants a chance to pose questions that Friedman had fielded for years from critics. “If you’d abolish Social Security for everyone, what would you do with people who are indigent and incapable of taking care of themselves if they didn’t save during their younger days?” asked second-year student Andrew Van Fossen.
“Social Security isn’t a program for them, it’s for everyone,” Friedman replied. “There’s a much stronger case for government having a program for them than for everybody. But if you look at the record, private charity is a much more effective way of helping people...”
GSB news— Milton Friedman: �Eliminate Social Security, Medicaid, Medicare�
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What do you think Friedman would say about the funding problems with Social Security and Medicare? |
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