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


To: RMF who wrote (879811)8/12/2015 9:39:29 PM
From: i-node  Read Replies (1) | Respond to of 1586408
 
>> You seemed to be saying that entitlements were THE factor to get the budget in order but you didn't offer any suggestions as to how that could be done.

>> In fact, you actually seemed to be "worried" that Medicare service might not be as good if we negotiated drug prices.

I would like to see SS & Medicare exist in a private form. Something like GWB tried to do in 2006, which had it been done would now have made a significant dent in the problem. Privatization is, imo, the only way of the mess.

It is, IMO, almost impossible for the nation to be saved from these programs at this point. If, by some crazy turn of events, people decided they were willing to listen to the intelligent instead of idiots like Bernie Sanders, and decided to privatize SS & Medicare it is possible they could be saved. But that is so unlikely you'd have to put it at one or two percent, no more. Thomas Sowell, some years ago, suggested it might be five percent. I might have agreed then but that would be far too high today.

So, the nation's economy will collapse (Tim may come along and argue with me about that term, but IMO that's what it will be). And the American people will suffer very hard for a really long time as a result. I think it will take a century, given that it is will occur at a time when automation will have replace half of jobs. No one will need labor anymore. The wealthy will have been taxed out of existence.

It is a pretty sad affair, to be honest.