Amey's Blog

I planned for this to be about homemaking and homeschooling, but now it's just a chaotic jumble of news and ideas about animals, kids, food, and other random thoughts.

Monday, December 20, 2004

Social Security

One of the issues our president is dealing with in his second term is bound to have something to do with reforming and/or privatizing Social Security. Here's Dr. Jack Wheeler's idea that would also help the cause of private property: the federal government can sell the land that it owns and use the proceeds to pay for the transition time it takes to get to a fully privatized social security system. Is there a problem with this solution that I'm not seeing? It sounds like a great idea!

According to Wheeler: "The federal government owns one-third of the United States. One-third or 650 million acres, 86 percent of the entire state of Nevada, 70 percent of Utah, 65 percent of Idaho, on and on. Subtract jewels like Yellowstone, the Grand Canyon and many other places of national heritage that everyone wants kept public, and you still have a half-billion acres that could be … yes, sold. Sold, becoming private property, to pay for the privatization of Social Security."

How 'bout it?

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