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Politics : The Citizens Manifesto -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (59)	6/14/2005 11:34:47 AM
From: TigerPaw	Read Replies (1) \| Respond to of 492

There would be no pool of money to play with, There would just be different players. That money would presumably become available to the person who's social security number was tagged on at some legal milestone. At that time there would be a range of retirement centers, medical plans, charities, and freeze your body schemes made available by both entrepreneurs and con artists. There will be pressure to do something with the newly available funds. Just ordinary supply and demand would indicate these services will continue to charge what they can. The increasing supply of money just at the time that the demand is greatest means that the price will go up. In the end the consumer gets little added benefit, but puts a lot more resources into the benefit they get. In the mean time, those who don't have an account tied to their social security number, say the self employed, would find that the services they desire cost much more than they would have. In a normal supply and demand situation the demand would slack or shift as prices got out of balance. In this individual account situation the money would appear in surges fixed by the legal milestones, and not by market forces. This will cause dislocations in economy of aging that are not likely to help the elderly and retired. TP