Andrew Biggs, my favorite blog for the conservative side of thinking about Social Security, linked to an informative piece by the Social Security Administration about the principles of the Social Security Program. It’s worth a read. In summary, the basic principles are:
- Social Security Benefits are Paid as a Legal Right and not According to Need
- Social Security Benefits are Related to Your Work
- Social Security is Financed by Your Payroll Taxes
- Social Security Benefits are Weighted
On another note, “Where has Michael been?” you might be asking. I took a weeklong trip for work down to Charleston, SC. I didn’t get a chance to write about what might be one of the biggest Metro stories of the year (a million plus riders for inauguration day, and an unprecedented 15 straight hours of rush hour train service), and I rediscovered Transport Tycoon Deluxe (in the form of its Open-source clone, Openttd).
Coming up, I’m going to be writing about a 400-page contract I received as part of a PARP request from Metro, and a property that really needs a crosswalk.