Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: TimF who wrote (622351)	8/1/2011 11:21:09 AM
From: i-node	Respond to of 1578994

>> I don't think $60tril would do it. Well, I agree -- it probably isn't even close -- anytime they project anything that far out the numbers get bad, and it seems they always underestimate it. I think last year's trustee's report showed 60. Importantly, for the first time there was a dissent -- by the chief actuary for CMS. His words: “(T)he financial projections shown in this report for Medicare do not represent a reasonable expectation for actual program operations in either the short range. . . or the long range. . . . I encourage readers to review the ‘illustrative alternative’ projections that are based on more sustainable assumptions for physician and other Medicare price updates.” So, apparently even the most knowledgeable people on the planet about this subject agree with you.