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


To: Steve Lokness who wrote (194259)7/18/2012 12:58:44 PM
From: epicure  Read Replies (2) | Respond to of 543576
 
Steve- demographics isn't destiny. You just have to keep people working and productive. This isn't rocket science. No one deserves to party on state money forever, or for years and years, not even old people. You fix that, you've pretty much fixed the demographic "problem". It's just a culture of laziness in our older citizens. If they are old and sick, we should care for them. But if they are old and healthy, they should be working- unless they have personally saved enough to retire. I have no doubt with an expanding economy we can keep both young and old working. See? Problem solved.

No doubt some people won't want to hear this- but we are already seeing older folks working longer. And imo it's not a bad thing. "Retirement" may be an outdated concept. And I'm ok with that.



To: Steve Lokness who wrote (194259)7/18/2012 6:23:11 PM
From: Cogito  Read Replies (2) | Respond to of 543576
 
It seems to me, Steve, that Epicure has offered at least a partial solution to the demographics problem, in suggesting that SS and Medicare benefits be means-tested. If this were done, outlays for both programs could be significantly reduced, without throwing millions into poverty. If we couple this with common-sense measures such as eliminating the cap on FICA, I think we might well end up with a far smaller problem than the one you and the people you've been reading are envisioning, if we can't eliminate the problem altogether.