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June 30, 2005

Try This Experiment

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 at June 30, 2005 10:04 AM | Print

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