A US National Health Care System? Message Board

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Politics : A US National Health Care System?

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To: John Koligman who wrote (9377)	9/13/2009 1:08:08 AM
From: i-node	Read Replies (1) of 42652

Thing is, the Republican idea of 'privatization' of SS is fraught with investment risk. Look at the markets over the past decade... If you look at the markets over any given "decade", it can be up or down. But SS isn't a decade long proposition -- it is many decades -- maybe 4, 5, or 6. Over that time period the market has always outperformed treasury securities. If the markets croak for 4, 5, or 6 decades, treasury securities aren't going to be worth much, either. The partial privatization of SS is one reasonable method of dealing with the $12 Trillion in unfunded liabilities which SS faces. When compared with Medicare, the $12 Trillion seems small, but we're talking a substantial fraction of the net worth of the entire nation.

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