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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (6167)	2/17/2009 4:14:21 PM
From: Lane3	Read Replies (2) \| Respond to of 42652

What WILL NOT solve it is the continuation of the "ponzi scheme" approach of having current workers fund the benefits of current retirees. I don't think that's feasible. We might have done it differently, or not done it at all, had we known then what we know now. I wish we had. But we can't go home again. We can't undo the Ponzi paradigm we're in. That's the way it is with Ponzi. Sooner or later it inevitably goes bust. We could turn it into more of a welfare system by flattening the payouts and let those better off use the tax savings for their private retirement savings. But I think that the mistake Bush and others have made is to try to reverse something that is too embedded to be reversible. Converting a system from one thing to another offers a smaller set of options than building it from scratch. He couldn't even persuade the minority of people like me who thinks SS was a mistake. He's certainly not going to get a critical mass of folks to buy in. And that marginalizes the privatization folk and keeps them out of any constructive collaboration.