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 : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (59573)7/28/2009 2:06:55 AM
From: Bread Upon The Water  Read Replies (2) | Respond to of 149317
 
To be honest, I myself don't have enough understanding of the proposal in detail to be able to make an intelligent assessment of whether or not it has a reasonable chance to meet its goals.

I made my assessment based on instinctive feel for how easy it easy for these big grandiose programs to fail (Eg. War on Poverty).

I don't expect Social Security, Medicare to "Collapse", but I do believe, as you probably do, that they will have to be cut back to meet the fiscal realities unless new sources of revenue unexpectedly turn up.