SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (495548)7/16/2009 1:30:30 AM
From: i-node  Read Replies (1) | Respond to of 1574118
 
Its been estimated that Medicare may experience a deficit of $27 trillion over the next 75 years.

You don't know WTF you're talking about. Read the trustees report; I have.

It clearly states that the unfunded liability is $36 Trillion. Today's dollars. What that means is that you'd have to put $36 Trillion in cash in the fund today to meet the anticipated 75 year liability. So, if you put it off for ten years you will need maybe 45 Trillion.

You could eliminate the military budget altogether and not make a dent in Medicare.

>> You are not a very nice person.

Because I'm freaking honest? Well, I'm sorry about that. But SOMEBODY needs to be telling the truth because the Democrats sure as hell are NOT.