You make it sound as if before Social Security, people saved for retirement because they recognized they had to. But of course they didn't-- because they didn'

You make it sound as if before Social Security, people saved for retirement because they recognized they had to. But of course they didn't-- because they didn't earn enough to save-- just like people nowadays. Social Security is insurance against destitution in old age. It really doesn't function to take away any saving incentive. It just keeps old people from being homeless and starving. http://www.wsj.com/articles/SB109520630433518093 http://www.wsj.com/articles/SB109520630433518093 http://query.nytimes.com/gst/fullpage.html?res=9B0CEFDE1E38F930A15752C0A9639C8B63 http://query.nytimes.com/gst/fullpage.html?res=9B0CEFDE1E38F...