Тег: Thatcher

Tyan, how do you feel about Ronald Reagan and Margaret Thatcher?

anonymous question

Both of these figures entered history by initiating a long trend toward strengthening economic interventionism worldwide, which began at the end of the 19th century. To these two, I would add a third person who was at the helm of the state around the same time: Deng Xiaoping.

Each of these three more or less consistently implemented liberal reforms in their country and served as a prominent benchmark for the governments of other nations.

The most consistently liberal of this trio was certainly Margaret Thatcher. The most significant economic results for their country were achieved by Deng Xiaoping. Ronald Reagan received the most decent country and achieved the most modest results—but he excelled in foreign policy and became the one who practically finished off the Empire of Evil.

Reagan and especially Thatcher get an additional plus from libertarians for popularizing Friedrich Hayek, who received his Nobel Prize shortly before they came to power and prepared the ideological foundation for their reforms.

And as for my personal attitude toward them?

I don’t order Thatcher statues in Georgia, I don’t watch movies with Reagan; my attitude is calm and quite respectful.

Deng Xiaoping and Friedrich Hayek)))

Has really no one asked yet what you are doing at rallies against raising the retirement age?

anonymous question

I attend them, I speak at them, I even organize them📣.

But the question should probably be understood not literally, but rather in this formulation: why does a libertarian party, which wishes to abolish the state pension system entirely, oppose the state raising the retirement age?

The answer is quite obvious. There are no state funds, there are only taxpayers’ funds. If raising the retirement age were accompanied by a reduction in social contributions, I might even welcome it, provided the reduction was significant enough. But instead, the government is simply extending the time during which it intends to rob people, thereby reducing their ability to invest money according to their own choice—what is good about that from a libertarian perspective?

Let’s take the extreme cases. The amount of social contributions remains unchanged, and the retirement age is infinity. In other words, a person pays social contributions their entire life but never receives a pension. Obviously, this is less fair than the current situation; essentially, it is an increase in personal income tax from 13% to 13+22=35%. The second extreme case: social contributions remain the same, and the retirement age is zero. In other words, a person receives a pension from birth without paying a penny to the state. Since the state has no money of its own, only taxpayers’ money, it is obvious that in this case the pension will be zero. And that is exactly what the libertarian party is striving for. Consequently, it is in our interest to strive for a reduction in the retirement age, a reduction in social contributions, or both, but by no means to agree to an increase in age while taxes remain unchanged.

Come to the rally organized by the LPR in Moscow on July 29! All details are on the website No to Robbery!

I have said it many times and will not tire of repeating it: one of the best investment tools for old age is Bitcoin. I would be happy to accept donations in this currency to the wallet 1A7Wu2enQNRETLXDNpQEufcbJybtM1VHZ8—but if you save them for your own retirement instead, that would also be great.