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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (779394)	4/10/2014 7:47:00 PM
From: i-node	1 Recommendation Recommended By FJB Read Replies (1) \| Respond to of 1575602

>> I wouldn't go as far as i-node did and call the New Deal a "disaster," but the two of you are on extreme ends of its portrayal. I will say that SS is not as big a disaster as Medicare, but it is a disaster. We've seen massive SS tax increases over the years and the turkey is still 10 Trillion in the hole. That is a disaster anyway you look at it, particularly given the context, i.e., that Medicare is 5x or more that amount in debt to pay for benefits for essentially the same group of people. While Medicare has turned into the greater burden, and more rapidly, SS was more apparently a failure from the outset. It was simply never going to work. FDR didn't understand that. OTOH, FDR did some good things -- he was an excellent wartime president and the jobs programs early on WERE necessary even though the money was borrowed. That was before living on vast amounts of borrowed money was a way of life for this country.