We're Missing The Point
Whether either Social Security or Medicare are good, needed, inefficient, poorly administered, improperly funded, or whatever, the issue is simple to understand....
SOCIAL SECURITY AND MEDICARE ARE ENTITLEMENTS THAT WERE DESIGNED FOR A DIFFERENT U.S. POPULATION THAT CAN NO LONGER BE AFFORDED....PERIOD!
Since they were designed and introduced Americans are older, live longer, have fewer middle class members and far more low income families, and are a population with a declining number of "earners" and an increasing number of those too old to work or who can't find a job. The average income of those working is declining relative to the costs of the entitlement programs.
THE COSTS OF THESE PROGRAMS MUST BE REDUCED SUBSTANTIALLY. THERE IS NO ECONOMIC SCENARIO WHEREIN THEY CAN BE AFFORDED AS CURRENTLY DESIGNED
The ONLY question on the table is how the costs of these entitlement programs will be cut.
|