Try This Experiment

Andrew Roth

Deroy Murdock suggests an experiment:

Open your wallet. Remove $100. Buy a new T-shirt, some socks, a decent lunch, two movie tickets, and beers with a friend afterward. Now, place in your wallet a slip of paper that reads: "I owe me $100 when I retire." Social Security is financed similarly.

FYI...Murdock will be on the Chris Matthews Show this Sunday (it's usually on right before Meet the Press) UPDATE (11:48am EDT): A SSC reader wrote me this email - "Try This Experiment" would be more accurate if the IOU said: I owe me $100 when I retire, signed, your children.
Posted by Andrew Roth on June 30, 2005 10:04 AM to Social Security Choice