Check out YAL activities on campus and updates from around the liberty movement.
By Jack Hunter, YAL Director of Outreach The greatest problem with Social Security is that there may be no more Social Security, or as Human Events’ John Hayward noted early last year: “According to new projections from the Congressional Budget Office, Social Security will officially go bankrupt this year, paying out $45 billion more …
The other day in my political research class the proffesor went on another rant about how much he despises libertarians and the right. After a little back and forth about libertarinism in general he made the the following statement: If libertarians really believed in their ideas, why would you attend this school? Why would you …
How many of you, if given the chance, would opt out of Social Security if you could? I believe many would, as the money “put away” into Social Security has been recently used to pay for wars and other government programs, acting as a kind of a slush fund. I definitely know that I would …
Sen. Rand Paul discusses his bill which ensures Social Security, interest on the debt, and soldiers’ salaries are funded regardless of whether or not a debt ceiling compromise is made: Senator Lee explains that the U.S. has enough revenue to pay Social Security recipients whether or not an agreement on the debt ceiling is made:
In the current Social Security debate, the left often attempts to label those in favor of private accounts as loony. Typically, supporters of the Social Security status quo use scare tactics in efforts to convince the American people that private accounts would be “risky” by “gambling your Social Security on Wall Street.” President Obama pledges …
As fiscal conservatives continue to seek avenues through which to derail the federal gravy train, it helps from time to time to take a look at the mind-numbingly long list of federal departments and agencies that are on board. Of course, this list is hardly exhaustive – just one that is publicly available – but …
The Senior Citizens League is outraged. Turns out, Congress raises its own pay 15 times faster than it raises the money paid out in Social Security: Seniors who retired in 1990 with the average Social Security benefit have seen their annual payments increase by just $4,967 over the past 20 years. During the same time …
In 2009 alone we had $107 trillion worth of unfunded liabilites, 10 times our national debt. Unfunded liabilities are the difference between the promised benefits of current and future generations and the amount of taxes and Medicare premiums collected. How long will the American people, especially the younger generations, allow blatent stealing of their money for …
It was reported over the weekend that Social Security is now running a deficit due to lower revenues and an aging population. The AP reports that this will not affect payouts but simply add to the federal deficit because SS has accumulated a surplus over the year. The only problem is…that money has already been …
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