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From: ark@alice.UUCP (Andrew Koenig)
Newsgroups: net.flame
Subject: Re: Social Security
Message-ID: <3244@alice.UUCP>
Date: Mon, 7-Jan-85 11:24:09 EST
Article-I.D.: alice.3244
Posted: Mon Jan  7 11:24:09 1985
Date-Received: Tue, 8-Jan-85 03:16:56 EST
References: <222@cmu-cs-cad.ARPA>
Organization: Bell Labs, Murray Hill
Lines: 14

In 1980, the Libertarian Party had what sounds like a
workable way to get rid of Social Security:  shoot it
between the eyes.

People now on Social Security would receive whatever benefits
they would have received otherwise.  People who had not
yet started getting money back would received decreased
benefits based on their contributions to date, and would
be able to make up the difference by investing their
gains meanwhile.

The whole thing would be financed by selling off all the land
that the Federal Government owns and has not developed.
It turns out that the two numbers just about match.