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by IgorPartola
4923 days ago
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Social Security is the easier to fix (IMHO). The nice thing about it is that it's a service for which there are a lot of examples. The basic premise that you put away money for your retirement and that money grows over time is pretty simple and sound. You could streamline it a bit to reduce overhead. Yes, the way it works now is somewhat broken (e.g.: I am not "saving" currently, but paying for people who are now retired, hoping that my grandchildren will pay for me), but in principle it needs only minor adjustments. Medicare on the other hand is growing very rapidly and the broken healthcare system will only speed up its growth. I don't see a way to fix it without dismantling it and starting over. Not that I am in the Ryan camp: I am not advocating leaving seniors out in the cold. I am just saying that Medicare will require more than minor adjustments. |
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