On Fri, 29 Mar 2013 16:45:59 -0400, wrote:

On Fri, 29 Mar 2013 12:49:00 -0700, Urin Asshole
wrote:

They are currently running a $66 billion dollar deficit and we are
borrowing money to cover it. Medicare is in even worse shape. My
reference to "going broke" was when the government simply says they
can't pay all of the benefits.

As I've said and as the facts indicate, SS will pay 100% of the
benefits for another 25 years, and it will pay 85-95% thereafter for
perpetuity without any fix at all. It's a minor problem.

What "facts"? The whole program is based on the ability of the
government to borrow more money and raise taxes more.
There is no "trust funds" they spent every dime of that money and it
is unclear how they will ever pay it back.

Feel free to dispute the facts. That don't make you right.

http://www.ssa.gov/oact/progdata/fundFAQ.html

How far do you have to go back to actually see the federal government
paying down a dime of the debt?
(hint: new cars had tail fins)

Which has nothing to do with anything.

Medicare is in worse shape, but not catastrophically so... and again,
it will be decades before it becomes so. A fix is indicated, but not
on the backs of middle and lower income.

There are not enough rich people to save these programs, who do you
think will have to pay?

You're just being deliberately dense. The worst thing we can right now
is make middle and lower income families pay more. When the economy
recovers, then the middle income families will be able to afford to
help a bit more.


http://www.nasi.org/learn/medicare/financial-problems

$32 billion out of whack 3 years ago ... What I said.
http://www.ncbi.nlm.nih.gov/pubmed/3130421

Do you really think medical care will ever cost less?

Don't know. I do know that the rate of increase can be slowed. It
doesn't need to exceed inflation the way it does.

But you know, right?