Posted on 01/10/2019 12:01:30 PM PST by SeekAndFind
RE: Sweden also has school choice
Sweden has NO MINIMUM WAGE LAWS.
To be fair, Greenspan said nothing about Sweden’s disastrous immigration system.
He is advocating that the USA emulates Sweden’s revamped pension system from a defined-benefits program to a defined-contribution program.
Prior to the Social Security system the preferred 20th Century retirement investment was the duplex house - live on the first floor and rent out the second floor.
Block busting in the 1960’s led the duplex to be outlawed for new construction.
.
Don’t let the left twist reality!
Social Security is no “entitlement program!”
Its a tabled earned payout anuity plan funded from outside government.
.
To reduce the need for retirement income, school taxation might be ended at age 65.
Instead of paying high FICA taxes, FICA taxes would be low but school tuition might be charged after the sixth grade.
now
worker$$->SS->retiree->school system
future
worker$->SS->retiree
worker$->school system
Right. I’m just sensitive to Sweden because half my family came from there and my heart is broken over what HAS happened in my grandmother’s country.
Public school education costs about $12,000 to $21,000 per year per student.
Junior and the Little Princess are going to be asked to pay that back via FICA taxation.
The largest expense for tens of millions in retirement years is K-12 school taxation.
Trump is openly hostile to entitlement reform. He’s not going to be the one to fix it.
mortgage rates went to 500% for a short period
I wonder how many people took out that mortgage?
Can we avoid a debilitating era of financial disruption and crisis? Our best hope is to outgrow our massive debt and deficit through a wave of technological innovation, economic growth, and wealth creation. We are unusually fortunate in now having an energetic and determined President who knows this and the policy changes necessary. MAGA baby, full steam ahead.
Can we avoid a debilitating era of financial disruption and crisis? Our best hope is to outgrow our massive debt and deficit through a wave of technological innovation, economic growth, and wealth creation. We are unusually fortunate in now having an energetic and determined President who knows this and the policy changes necessary. MAGA baby, full steam ahead.
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