The Social Security trust fund doesn't consist of any real assets. The government borrows fund money for other federal spending, replacing it with IOUs.
The Social Security trust fund doesn't consist of any real assets. The government borrows fund money for other federal spending, replacing it with IOUs.
But did the Founding Fathers ever intend for the federal government to involve itself in education, health care or retirement benefits The answer, quite clearly, is no. The Constitution, in Article I, Section 8 - which contains the general welfare clause - seeks to restrain federal government, not expand it.
America traditionally represents the greatest possibility of someone's going from nothing to something. Why? In theory, if not practice, the government stays out of the way and lets individuals take risks and reap rewards or accept the consequences of failure. We call this capitalism - or, at least, we used to.
© 2020 Inspirational Stories
© 2020 Inspirational Stories