Giant federal trusts like Social Security and Medicare demonstrate central authority tyranny risk: they morph into political battlegrounds and rent-seeking magnets, and users can be arbitrarily cut off or administratively declared dead with years-long recovery periods and no back pay.
factualpending
Speaker
Unidentified Speaker — Post-Labor Economics Lecture 03 - "That which gets measured… [PnmIsu9wGDA]Evidence Quote
“Social security and Medicare show how giant federal trusts morph into political battleground battlegrounds... horror stories of people um getting cut off from their social security checks... The government might say... someone filed the wrong uh uh social security number, so you're now officially dead”
Source
Post-Labor Economics Lecture 03 - "That which gets measured gets managed!" (2025 update)— David ShapiroCreated: 8/11/2026, 7:31:42 AM
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