Friday, March 11, 2005

Social Security bad for marriage and kids?

According to the State University of New York at Buffalo, Social Security is bad for marriage!
Policymakers and citizens pondering the merits of Social Security reform should consider new evidence showing that "social security" adversely affects decisions to marry and have children. A new University at Buffalo study, examining the experience of 57 countries over a 32-year period, concludes that in the U.S. and other countries where social security is instituted as a defined-benefits, pay-as-you-go system, marriage and fertility rates fell sharply over time -- partly as a result of social security itself.
Youch ... I had no idea. Let's dump the whole damn program. Tomorrow, if possible.

Thanks to Talking Points Memo for pointing out that story.

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