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Politics : Ask Michael Burke
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To: Skeeter Bug who wrote (122669)5/17/2010 5:29:44 PM
From: Knighty Tin2 Recommendations  Read Replies (2) of 132070
 
I disagree or quibble each point with these ideas:

1. Social Security is completely solvent with very minor changes. A year or two change in the date you can start will be a miracle worker. And making the cutoff point of the ss tax much higher. My own preference would make it limited only by income. A guy who makes $10 million a year should pay social security taxes on the full amount, not on some wee percentage.

2. Ditto on age for Medicare. And/or premiums have to be raised. They can be tripled and still be cheaper and provide better coverage than a private plan.

3. Maybe.

4. People will be paid in food stamps, or scrip, as they were during the depression.

5. The currency devalues itself. No correction needed. Americans don't save anyway, so they can't be ripped off.
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