It's not my job to support anyone except myself and my family. Why is it that everyone seems to think those that have money should support those that do not??
Justin
That question was addressed in the link to the origional article that Milton Friedman commented on. It's linked at the web site at the end of the excerpted article I posted above.
Thanks for your comments!! Do you know of others you could ping who are well-versed in the stock market and/or government who might want to take a look at this idea? I'd love to see them critique it.
You can buy insurance far better for far less than Social Security disability costs and pays.
I've done street fairs for years and met dozens on people on disability. It is horrible. They fight to get it, get just enough to starve to death on and, to avoid that, they work under the table illegally. One lady I know who has diabetes (she would shoot up behind my booth), lupus and cancer was tuned down 3 times for SS disability. They accepted her only when she was taken to the ER in a coma. But her problems were not solved. She had been on unemployment. Those people now claimed she lied about being able to work and she had to pay back what she had collected.
Private plans are far better than SS disability. I would not wish SSD on my worst enemy.