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by const_cast 345 days ago
> You do understand that those who paid into it earlier get much more out of it, right?

No, I don't, because this is all theoretical. Sure we've made some policy changes like raising the retirement age, but the idea that SS will be insolvent is just a conservative wet dream. So, I'll treat it as such.

People on the right have been saying SS will be insolvent since the moment the pen left the paper. Take it with a grain of salt. Please remember these people are practically salivating at the idea of privatizing SS and taking their fat slice. So try to remember their incentives and why they might spread the propaganda they do.

1 comments

Insolvency and prohibitive costs aren’t a hypothetical but have already arrived when it comes to elder care. And it will get worse. Class warfare is a thing but it is not every thing.
No, SS is not insolvent. And on the topic of elder care being prohibitively expensive, it's quiet simple: you can bleed the old dry because they don't have options. Meaning, it's not a free market, so any notions of competition vanish.

It's a problem with healthcare as a whole and that's why we see so-called "free market" healthcare fall apart. It's not a free market, and actually it is impossible for it to ever exist as a free market. Those same problems are amplified when it comes to elder care, because they're even more desperate.

I mean, think about it. I get chest pain and shortness of breath: which hospital do I go to? There's a market of exactly 1: I go to one hospital, whichever is closest and I believe has the best odds of caring for me. So there goes your free market, you actually have a monopoly. Despite the fact there are thousands of hospitals.