What has happened to Social Security and Meidcare/Medicaid? Why are they going bankrupt? Is it because we have not put enough money in the system? Hardly! In fact, if we as individuals had invested for ourselves the same amount of money we paid for SS tax, we all would be millionaires today. Has Social Security and Medicare/Medicaid made us millionaires? Don't laugh too loudly! "(I)t is not difficult to see what must be the consequences when democracy embarks upon a course of planning. ..Democratic assemblies cannot function as planning agencies...it would certainly in the end satisfy nobody." (The Road To Serfdom (Abridged Edition), Friedrich A Hayek; The University of Chicago Press, 1994; pp 15,16)
So we made a mistake in having our Congress, our government, plan for our retirement. Does that mean that since we have spent so many years trying to make this sad mistake work, that we should refuse to give it up? That sounds like the definition of insanity: "Keep doing the same thing expecting different results." If we keep doing the same thing, we are just going to get deeper and deeper into the quicksand. Sure, we can keep screaming and shouting about our terrible circumstances, but what good does screaming and shouting do? It certainly does not fix the problem. In fact, it just makes it worse. The screaming and shouting cause people to panic and then watch how much faster we will sink.
Let's get Paul Ryan and others like him to work out a plan to get out of Social Security and MM and let's get it done.
AND while we are at it let's get out of Obamacare NOW. We have seen what Social Security and MM have done for us. Why wait any longer with Obamacare?
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