Re: The end is in sight

bill.sloman@xxxxxxxx wrote:
On Apr 29, 12:43 am, James Arthur <bogusabd...@xxxxxxxxxxx> wrote:
[...]
"Progressive" Great Society programs drove the financial bubble,
which frankly pales compared to the Social Security and Medicare
fiascoes.

The US social security and medicare systems are fiascos - not because
the ideas are impracticable, since they work fine in other countries -
because American politicians don't understand the social contract
underlying the ideas, and won't implement them in a way that benefits
society as a whole.

Well said. That's exactly the problem. In the real world, it actually costs more to make sure that the 'undeserving' are excluded than it does to just pay out & accept that there's going to be some wastage. Per capita, the USA spends more money on health care than countries with free universal health care that excludes nobody. I suspect that the same is also true of the Social Security system.

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