Tuesday, January 3, 2012

Should Social Security Be Means-Tested?

It's curious that so many, including the Heritage Foundation, want to fix the federal debt by means-testing Social Security, especially since it would be the surest way to kill the program by turning it into a pure federal welfare program. After all, why should voters continue to support FICA deductions (i.e., Federal Insurance Contributions Act) from their paychecks when only the poor would ever receive anything from it?

In "Is Means-Testing Just," Paul A. Rahe develops a strong argument that means-testing is the wrong solution to the Social Security problem, and he cautions conservative policy-wonks not to "march over the cliff" without thinking this through. It's an important read, particularly for young conservatives.

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