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 : Health care / Social Security / Medicare & politics -- Ignore unavailable to you. Want to Upgrade?

To: Who, me? who wrote (3)	12/8/1998 6:39:00 PM
From: mrknowitall	Read Replies (1) \| Respond to of 25

In its simplest terms, SS is a Ponzi scheme that has a fundamental cash-flow problem. Since we aren't now able to get rid of it (government-sponsored wealth-redistribution is never going away) we are forced to either reduce the outflow or increase the intake. Given that the demographics are against us (statistically aging population) in taking the traditional Democrat "take more and more" approach, the answers now have to come from both sides of the equation. Accounting games aren't sufficient any more, either. As to Medicare and Medicaid, we see the fruits of socialism at work again, where a substantial percentage of the money spent doesn't do anything medical for the patient, and where those who will engage in fraudulent or unethical activities are given a playground. Mr. K.