Mr. Greenspan is absolutely right about the BIG issue facing 70 million Americans, Social Security and Medicare is unsustainable. What say you President Bush and Mr. Kerry? Is this a campaign issue or not? Perhaps there's a 527 group out there somewhere that would run ads that the media talking heads and robotic writers would pay some attention to.
Let's see now:
+Most companies want to ditch defined benefit plans
+Airlines want to ditch or severely reduce their pension funds
+Republicans want to privatize some part of Social Security
+Democrats want to do nothing or increase benefits
+Both parties have signed on to a Medicare prescription drug benefit
+Neither is willing to do much of anything about illegal immigration (perhaps these workers will be the SS payers for the Baby boomers if we make them legal!)
No comments:
Post a Comment