Bernanke calls current medicare and social security structure a potential "crisis"
|Privitizing social security was one of the best parts of Bush's plans when he was campaigning for reelection. Unfortunately, it got slammed by, well, by most of the Senate and House. Slammed by a bunch of elected officials who'd rather placate their constituents or stick their heads in the sand and hope the problem resolved itself.|
Now Bernanke was diplomatic and didn't say "do what Bush says" or "don't do what the Democrats want," but he should've. It's the same problem we had last year, and the year before that, and the year before that, and the year before that....
So let's look at some facts I blogged on back in 2004:
And that's just social security! Medicare isn't a damn bit better. And now that Hillary's officially announced her intentions to run for President, I think we can expect to hear some more about her state run Hillary-care. And if you think that's a good idea, I'm sure we can find you the phone number for a British guy who has cancer, who's been waiting for his surgery for months. Or how about a Canadian lady who needs heart surgery? Maybe you can talk to them and they can tell you how great it is waiting and waiting and waiting for an important surgery, hoping they don't die in the mean time.
But they didn't have to pay for it! That's the biggest lie of the century... They've been paying for it since they got their first paycheck, since they bought their first piece of candy when they were six. In fact the whole country has been paying for their surgery. I don't know about you, but I don't want to pay for anybody else's medical necessities. Just my own.