Posted by
The New THOMA$ REPORT on Friday, December 31, 2010 5:22:06 PM
Socialism doesn’t work. But nobody thinks about that as the concoct their grandiose plans to “take care of us from cradle to grave.” Look at just ONE program: Medicare. The amount of “pay-in” is just about ONE-THIRD of the “payout.” That means Americans have paid in only about ONE-THIRD of the amount the government is paying out. And that’s just ONE program. What about Social Security itself? How abut the new medicine program that is so ill-designed that people who have no money wind up “in a donut hole” when they use up a certain amount of it. None of these “programs” will work, and they COULD have “run the numbers” when they started them. But they didn’t. They figured, “Americans will come up with the money.” They will not. They CAN not. This is the kind of incompetence we see continually in our government.
The same kind we have seen for years in Europe, where they’re now seeing RIOTS from people who have come to consider this kind of “largesse” as “their due.” They’re finding out in Europe that they just can’t afford to give so much of other people’s money away and are cutting back. Meanwhile our incompetent politicians are imitating that which has created so much trouble for them. Word is that Medicare itself will go broke by 2018. I could live that long! And lose my Medicare at the worst possible time in my life. I hope I don’t live that long. Some people say Social Security will go broke in 25 years. Others say that’s bullsh-t. That Congress planned for the “baby boomer” effect. The fact that they didn’t know anything about the “baby boomers doesn’t seem to matter to those with their “rose-colored glasses” on. (
Washington Post)