Monday, March 12, 2018

A plan to relieve student loan debt by foregoing future social security benefits

Elliott Harding of National Review proposes “a solution to the student-debt and social security crisis” The idea is to forgive some student load debt in return for considerable postponement in eligibility to receive social security benefits.

Rick Sincere, with the Libertarian Party of Virginia and in the past Gays and Lesbians of Individual Liberty, shared it today in his daily paper in Charlottesville.
The plan would set a limit of forgiveness of about $40000, but about 90% of students could discharge their debt. 

Monday, March 05, 2018

Workers with 401(k)'s have a lot less economic "free speech" than people still earning pensions

David Webber explains “The Real Reason the Investor Class Hates Pensions” today in the New York Times.

Reason:  when public pensions are reformed and sustained, then workers have more “economic vote” impinging on only non-worker owners.

401(k) owners are much quieter as investors than are future pensioners.