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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Broken_Clock who wrote (87442)10/1/2008 2:30:08 AM
From: John Metcalf  Read Replies (1) of 116555
 
"I'm willing to give up SS and Medicare to balance the budget."

I am too, even though I am retired, do not receive either of these benefits yet, and would have to return to work if there were not a date when they could be expected. I could do this because I have no debt.

But most of the people reliant on Social Security and Medicare, with debt, can not survive such a move. A painful sacrifice to you and I may mean death to many others. Do you suppose Darth Cheney is war-gaming this possibility?
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