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


To: Alighieri who wrote (16202)4/6/2010 11:39:15 AM
From: i-node1 Recommendation  Read Replies (1) | Respond to of 42652
 
>>> 50 to 75 years? You are foretelling a lifetime.

You DO understand that when you're talking about such plans it is necessary to talk about MULTIPLE lifetimes? They are lifetime propositions. That's why you must use the perpetuity calculations for unfunded liabilities. Geez.

Consider that MC has lasted ONE lifetime and is ALREADY $60 Trillion in the hole. SS has lasted only half a lifetime, benefited from massive tax increases and is ALREADY $13.2 TRILLION in the hole.

What about the lives of those people who FOLLOW the "first lifetime"? They just don't matter?

Both of these programs are Ponzi Schemes. There is no way the second "lifetimes" get any money out of them. They both collapse first.