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To: Zakrosian who wrote (438055)7/30/2011 1:54:57 PM
From: goldworldnet  Respond to of 793917
 
I think we all agree a "correction" is inevitable, but it may be a series of corrections over an extended period of time, even years.

* * *



To: Zakrosian who wrote (438055)7/30/2011 4:22:36 PM
From: skinowski  Read Replies (1) | Respond to of 793917
 
Some reforms may be relatively easy pickings. There are entire government departments and agencies that do not do very much, ex. Education. With all respect, I never believed that the Joint commission for accreditation of hospitals is of any tremendous use. Many programs are laughable - I hear there is a new federal program to subsidize cell phones for people who can't afford them.

Everyone has dozens of favorite examples. Another one is fed subsidies for the arts - or to Greece, via IMF. Etc. etc.

Moving on to bigger ticket items, Why should younger people pay for Soc Security of those who are not yet retired? This is a relatively recent idiotic development. It used to be that you couldn't collect full SS for as long as you worked, at least not until the age of 72. Now, at the age of 66 you can make hundreds of thousands, and also receive full SS benefits. This needs to be reversed, and the political fallout would be minimal.

All in all, it's insanity to continue on the way towards disaster, knowing what we know, and not try to prevent it. It can be done, with proper leadership... which would be willing and able to make the necessary effort to honestly educate the public.



To: Zakrosian who wrote (438055)7/30/2011 4:22:36 PM
From: skinowski  Respond to of 793917
 
Some reforms may be relatively easy pickings. There are entire government departments and agencies that do not do very much, ex. Education. With all respect, I never believed that the Joint commission for accreditation of hospitals is of any tremendous use. Many programs are laughable - I hear there is a new federal program to subsidize cell phones for people who can't afford them.

Everyone has dozens of favorite examples. Another one is fed subsidies for the arts - or to Greece, via IMF. Etc. etc.

Moving on to bigger ticket items, Why should younger people pay for Soc Security of those who are not yet retired? This is a relatively recent idiotic development. It used to be that you couldn't collect full SS for as long as you worked, at least not until the age of 72. Now, at the age of 66 you can make hundreds of thousands, and also receive full SS benefits. This needs to be reversed, and the political fallout would be minimal.

All in all, it's insanity to continue on the way towards disaster, knowing what we know, and not try to prevent it. It can be done, with proper leadership... which would be willing and able to make the necessary effort to honestly educate the public.