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Pastimes : Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: c.hinton who wrote (1468)8/9/2008 8:36:12 AM
From: DMaA  Read Replies (2) | Respond to of 3816
 
The current expenditures for SS, medicare, medicaid are sunk and therefore irrelevant. It is the predictable (very near) future explosion of expenditures that hang like an anvil over our heads.

Notice how socialism turns a blessing (a baby boom) into a curse?



To: c.hinton who wrote (1468)8/9/2008 2:29:14 PM
From: TimF  Read Replies (1) | Respond to of 3816
 

tim ,promises were made re social security to generatinos of americans....i do not believe it is anybodies interest for those promises to be broken.


1 - Adjusting the formulas isn't something that is reasonably considered breaking a promise.

2 - The formula has been tweaked before.

3 - It can very much be in people's interest to break promises, and I'm not just talking about the promise breaker. If this is considered breaking a promise, than its breaking a promise that it was unreasonable to make in the first place. Its promising other people's money on an open ended basis, to such an extent that it can even be considered a threat to the country (not an existential threat, it isn't going to bring the US down, but a threat to cause serious harm).