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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: research1234 who wrote (175502)11/7/2011 10:52:00 AM
From: KyrosL  Read Replies (1) | Respond to of 541044
 
My definition of welfare is net receipt of government benefits. I don't think that middle and upper middle class retirees should be receiving more SS and Medicare benefits than what they contributed into the system, adjusted for inflation and expected investment returns. It's fine heavily subsidizing lower income retirees, as we are currently doing.



To: research1234 who wrote (175502)11/7/2011 10:56:04 AM
From: Steve Lokness  Read Replies (2) | Respond to of 541044
 
<<<< Medicare is in much worse shape and there are no easy fixes available.>>>>>

From a news release I received this morning from CALP;

"Despite the trillions of dollars spent on medical research, a child born today
has a shorter life expectancy than his or her parent," said Kevin Hrusovsky,
President and CEO of Caliper Life Sciences. "The practice of medicine today is
reactionary and more appropriately described as 'sick care' instead of 'health
care.' At Caliper, we are committed to developing and commercializing disruptive
technologies that improve the quality and length of life for all humankind,
creating a revolution in healthcare that enables individualized treatment in a
way that is economically sustainable."



To: research1234 who wrote (175502)11/7/2011 10:59:26 AM
From: Mary Cluney  Read Replies (1) | Respond to of 541044
 
Social security is not a problem. Basically it is designed to pay for itself. Medicare and welfare transfers are entirely different. They are things that advanced societies have to do as much as they can reasonable afford to do.

For SS to work, it needs adjustments from time to time to account for demographic and other imbalances.

There is no need to lump SS and mix it's funding mechanisms with other social programs and issues. SS has a terrfic track record. It works. Stop messing with it.



To: research1234 who wrote (175502)11/7/2011 12:33:19 PM
From: JohnM  Read Replies (1) | Respond to of 541044
 
The modifications that would fix SS today are actually pretty modest and would put the system back into balance for the next 25-50 years if done carefully.

Agreed. And that's true even if you don't correct the regressive character of the taxes that support ss. If that were corrected--no income caps, the problem goes away. period.