Thursday, July 09, 2009

Look who's being blamed!

"Painful but inevitable Social Security and Medicare reforms will be difficult to sell because years of partisan wrangling have clouded the public’s grasp of the programs’ dire financial problems, a former government economic adviser warns." You and I have a poor grasp of the financial problems. It's not that our Congresses and numerous Presidents for the last 40 years have failed, regardless of party, economic growth or national security. From U of I "Inside Illinois." In my opinion, health insurance should have never been tied to employment, should have always been required like auto insurance as a personal responsibility, and government sponsored only for the indigent, disabled, high risk and truly poor. It couldn't have been any more expensive, and we might have avoided this ridiculous political football, now too hot and too big to move. More incentives should have been in place for private investment in retirement, with far more warnings that SS would not, nor was it ever intended, to be the sole source of retirement funding.

I'll save the reminder that we aborted the future workers and safety net, on which both of these systems depend.

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