Why Does the Federal Government Subsidize Retirement?

Since the federal government is, however briefly, about to address its massive liabilities it’s worth re-reading past posts on the entitlement systems that drive a majority of those liabilities and our inability to meet them.

John Goodman surveys the question in a recent essay, concluding, “any reform of the system should give people better incentives to work and pay taxes rather than encouraging them not to work.”

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