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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (748973)10/23/2013 7:01:05 PM
From: i-node1 Recommendation

Recommended By
FJB

   of 1573899
 
>> It would place an enormous burden on working people without these programs.

Not nearly the burden it is placing on young, working people, their children, and grandchildren. It is morally bankrupt to borrow against these individuals' futures, some of whom are as yet unborn.

Do you think the ~50 Trillion that is needed TODAY to fund Medicare for the lifetimes of today's high school graduates is just going to materialize out of thin air? It isn't. It will be sucked out of the future standards of living of people who are already going to have tough lives because of increasing tax burdens, inability to afford university educations (a direct result of government meddling) and a general inability to obtain meaningful jobs.

Medicare is a "solution" for old people today at the expense of future generations and there is no way this is morally justifiable.

As to SS as a Ponzi Scheme, if you look at the definition of Ponzi Scheme you will find NO DIFFERENCE between SS and that definition other than a Ponzi Scheme is, by definition, illegal as fraud.
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