Somehow this idea always comes from libertarian quarters, too(please, no 'no true scotsmen responses' replies about how nobody but a single mute hermit living on a mountaintop in South Dakota is a _real_ libertarian).
This seems like an incredibly market distorting policy. Social welfare programs provide hard floors on quality of life: you don't have food? food stamps. you don't have medical care? medicaid. Some people live longer than they financially planned? universal old-age poverty insurance (social security).
This has all the feel of letting the more financially/business-sophisticated citizens go hunting on one of those hunting ranches with borderline tame 'game'.
This seems like an incredibly market distorting policy. Social welfare programs provide hard floors on quality of life: you don't have food? food stamps. you don't have medical care? medicaid. Some people live longer than they financially planned? universal old-age poverty insurance (social security).
This has all the feel of letting the more financially/business-sophisticated citizens go hunting on one of those hunting ranches with borderline tame 'game'.