A US National Health Care System? Message Board

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Politics : A US National Health Care System?

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To: Lane3 who wrote (6165)	2/17/2009 2:16:16 PM
From: i-node	Read Replies (1) of 42652

>>> The only way to "fix" SS is to reduce future benefits. Actually, increasing the earnings (as with partial privatization) could also lead to a fix. But probably, it is going to require an "all of the above" approach -- increased taxes, reduced benefits, increased rate of return. What WILL NOT solve it is the continuation of the "ponzi scheme" approach of having current workers fund the benefits of current retirees. They should start with eliminating the use of cash basis accounting, putting the system on accrual accounting, so that people can see just how serious the problem is. 3-4 years ago when I would discuss this topic on these boards people would argue that we have a surplus in SS. Today, they have started to understand that we don't and we haven't had, if you define surplus in a reasonable manner. I believe the first step in solving the problem is making people aware of it. Had Bush done so, he might have gotten his legislation through.

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