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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Lizzie Tudor who wrote (90390)9/25/2007 11:45:01 AM
From: Mary CluneyRead Replies (2) of 306849
 
<<< The problem I have with my parents (who are now deceased) retirement community is that there is NO SHAME in extracting as much as you can out of the government in the form of medicare and SS>>>

There are two issues here:

Social Security is like auto insurance. It has to be mandatory. Your parents paid into social security and they deserve whatever they can get out of it. Social Security works. Everybody pays into Social Security so that they would not later in life become a burden to the next generaation.

You probably didn't have to help support your parents or even payback the investment they made in your education. Social Security probably even helped in your situation (where you are probably fairly well off financially).

Of course for the Social Security system to work, they have to continually adjust the system so that it is funded without outside sources of income. It is impossible to be able to forecast economic realities far into the future.

The Social Security system is financially sound. Even Alan Greenspan will attest to that. He is as financially as conservative as any rational human being can be.

As far as medicare is concerned, that is a big problem.

But, the problem is more political than anything else.

Healthcare and education are two things that have to be universally accessible, but it has to be efficient.

Healthcare and education has to have a higher priority than wasting money on wars that we do not have to start.
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