regent
Gold Member
- Jan 30, 2012
- 10,459
- 1,148
- 245
Privatization is what America had before SS and the Great Depression.
Privatization is great, but what happens if one invests and the companies don't pay off, go broke or investments tank, would the government make up the losses?
If so I'm all for it. When we had privatization before and people lost their investments, the government didn't make up the losses and we had to have all kinds of emergency government welfare programs, and the end result was Social Security.
Privatization is great, but what happens if one invests and the companies don't pay off, go broke or investments tank, would the government make up the losses?
If so I'm all for it. When we had privatization before and people lost their investments, the government didn't make up the losses and we had to have all kinds of emergency government welfare programs, and the end result was Social Security.