Republicans for Big Government by Andrew P. Napolitano

His argument sounds harsh, but it’s true. A formerly working and now retired couple in their mid-80s who are receiving monthly payments from the Social Security Administration into which they were forced to make payments while they were working can hardly be considered slackers. But they can be considered dupes. All of us who have fallen for the government’s nonsense about it holding our money for our future use have been duped. The government doesn’t hold anyone’s money for him. It spends whatever it collects as soon as it receives it. When its entitlement bills come due, it uses current tax revenue, or it borrows money in order to acquire the cash to make the payments.

via Republicans for Big Government by Andrew P. Napolitano.

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