W. ALLEN WALLIS

When you pay social security taxes, you are in no way making provision for your own retirement. You are paying the pensions of those who are already retired. Once you understand this, you see that whether you will get the benefits you are counting on when you retire depends on whether Congress will levy enough taxes, borrow enough, or print enough money...

Statistics may be defined as "a body of methods for making wise decisions in the face of uncertainty.

It is doubtful that the government knows much more than the public does about how government [Economic] policies will work.

When you pay social security taxes, you are in no way making provision for your own retirement. You are paying the pensions of those who are already retired. Once you understand this, you see that whether you will get the benefits you are counting on when you retire depends on whether Congress will levy enough taxes, borrow enough, or print enough money...

It is doubtful that the government knows much more than the public does about how government [Economic] policies will work.

Statistics may be defined as "a body of methods for making wise decisions in the face of uncertainty.