I didn't know that libertarians embraced democratic values. That assumes that people are allowed to make collective decisions. Jim Devine [EMAIL PROTECTED] http://myweb.lmu.edu/jdevine
________________________________ David Shemano wrote: I would suggest that this is problematic, because while it would be democratic for current workers to agree to tax themselves to transfer assets to the currently retired, it is anti-democratic to bind future generations to tax themselves to transfer funds to the current workers when the current workers retire. Among other things, current workers (and current retirees) have no incentive to take into consideration the effect of present decisions on future generations. SS payments (and similar transfers like Medicare) continue to incease as a percentage of the budget each year, which means the budget options for future generations will be severely restricted.
