Quantcast

Forums | MacLife

You are not logged in.

#1 2009-05-12 4:38 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Social Security & Medicare -- doing fine!

Oh wait, no they're not.

Trustees of the programs said Tuesday that Social Security will start paying out more in benefits than it collects in taxes in 2016, one year sooner than projected last year, and the giant trust fund will be depleted by 2037, four years sooner.

Medicare is in even worse shape. The trustees said the program for hospital expenses will pay out more in benefits than it collects this year and will be insolvent by 2017, two years earlier than the date projected in last year's report.

The trust funds — which exist in paper form in a filing cabinet in Parkersburg, W.Va. — are bonds that are backed by the government's "full faith and credit" but not by any actual assets. That money has been spent over the years to fund other parts of government. To redeem the trust fund bonds, the government would have to borrow in public debt markets or raise taxes.

The apocalypse, long prophesied, is nigh.

Though the sums involved seem pretty minor compared to the bailouts of the past year, so maybe it's much ado about nothing.


Note: please delete this post.

Offline

 

#2 2009-05-12 4:44 pm

Pariah
James Carville Fan..
From: Belly Of The Beast, Oklahoma!
Registered: 2001-05-24
Posts: 18425

Re: Social Security & Medicare -- doing fine!

Lift the ceiling on payroll deductions, problem solved.


Really, it's just that smurfing simple.


"and it's not surprising that they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations."
Barack Obama

Offline

 

#3 2009-05-12 4:51 pm

ScifiterX
婚約中
Moderator
From: NW Palm Bay, Florida
Registered: 2000-02-10
Posts: 18094
Website

Re: Social Security & Medicare -- doing fine!

And quit borrowing money from SS & Medicare to pay for other stuff just so you can drop taxes.

Offline

 

#4 2009-05-12 4:58 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: Social Security & Medicare -- doing fine!

Interesting to think of what happens to the federal budget if all the accounting skullduggery with Social Security funds is brought to an end.


Note: please delete this post.

Offline

 

#5 2009-05-12 5:06 pm

JakeTheTall
Cargo Cultist
From: In Permanent Opposition
Registered: 2003-03-13
Posts: 9615

Re: Social Security & Medicare -- doing fine!

Pariah wrote:

Lift the ceiling on payroll deductions, problem solved.

I agree.  But that only fixes SocSec...Medicare is a whole other thing.


Jesus said to the servants, "Fill the jars with water"; so they filled them to the brim.  Then he told them, "Now draw some out and take it to the master of the banquet."  They did so, and the master of the banquet tasted the water that had been turned into wine. He did not realize where it had come from, though the servants who had drawn the water knew.

Offline

 

#6 2009-05-12 5:08 pm

resedit
Chicken Little
Royal Wombat
From: /dev/null
Registered: 1999-11-01
Posts: 50400
Website

Re: Social Security & Medicare -- doing fine!

Think about this for a second -

The same government that is running those programs into the ground. That's who you want to have control over your health care.

Am I the only one who has a problem with that?


In her right hand Jenny held the Bible of her mother
Jenny had a pistol in the other
-- Steve Taylor

Offline

 

#7 2009-05-12 5:11 pm

Mustapha Mond
Up your alley
Registered: 2001-03-24
Posts: 7032
Website

Re: Social Security & Medicare -- doing fine!

Is it that we want them in charge of our healthcare, or is it that the private sector has proven to be completely unfit for the job and now we feel we have no choice but to put the gov't in charge?

Offline

 

#8 2009-05-12 5:17 pm

DevoDoc
Vardøger
From: The East Wing
Registered: 2003-05-27
Posts: 2711

Re: Social Security & Medicare -- doing fine!

So we have 8 years to party like it's 1999! Woohoo!

*Spends lavishly, furiously.*


We also know how cruel the truth often is, and we wonder whether delusion is not more consoling. - Henri Poincaré
http://www.cdc.gov/images/campaigns/SwineFlu/stayhome_130x73.jpg

Offline

 

#9 2009-05-12 5:17 pm

Pariah
James Carville Fan..
From: Belly Of The Beast, Oklahoma!
Registered: 2001-05-24
Posts: 18425

Re: Social Security & Medicare -- doing fine!

resedit wrote:

Think about this for a second -

The same government that is running those programs into the ground. That's who you want to have control over your health care.

Am I the only one who has a problem with that?

No, but your kind are in the minority now and will be outvoted.


"and it's not surprising that they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations."
Barack Obama

Offline

 

#10 2009-05-12 5:23 pm

JakeTheTall
Cargo Cultist
From: In Permanent Opposition
Registered: 2003-03-13
Posts: 9615

Re: Social Security & Medicare -- doing fine!

I love that its not "the Republican controlled government" but just "the same government."


If the incompetent, indifferent, and idiotic fail to succeed, do you doubt the venture ?


Jesus said to the servants, "Fill the jars with water"; so they filled them to the brim.  Then he told them, "Now draw some out and take it to the master of the banquet."  They did so, and the master of the banquet tasted the water that had been turned into wine. He did not realize where it had come from, though the servants who had drawn the water knew.

Offline

 

#11 2009-05-12 5:44 pm

Pariah
James Carville Fan..
From: Belly Of The Beast, Oklahoma!
Registered: 2001-05-24
Posts: 18425

Re: Social Security & Medicare -- doing fine!

Medicaid/care seem to be fundamentally well run programs with very low administrative costs compared to private sector insurance.
There are some important changes needed but the foundation is there.


"and it's not surprising that they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations."
Barack Obama

Offline

 

#12 2009-05-12 5:46 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: Social Security & Medicare -- doing fine!

resedit wrote:

Think about this for a second -

The same government that is running those programs into the ground. That's who you want to have control over your health care.

Am I the only one who has a problem with that?

In what way will the government have control over the healthcare of ordinary people that it doesn't already have?


Note: please delete this post.

Offline

 

#13 2009-05-13 8:17 am

StaticAge
Fearless Vampire Killer
From: Crouching in your pea patch
Registered: 2002-08-28
Posts: 6938
Website

Re: Social Security & Medicare -- doing fine!

resedit wrote:

Think about this for a second -

The same government that is running those programs into the ground. That's who you want to have control over your health care.

Am I the only one who has a problem with that?

If it wasnt for Medicare and Medicaid, hospitals would have gone bankrupt or would have needed to drastically makeover their admissions standards so that only the wealthy would get good health care.

The same people that complain about single payer health coverage - that's who need to look into how the US health sector is actually run and stop deluding themselves that you arent already paying for it.

Except the point that I'd like to make is how insidious it seems to me that these programs are getting drained while Obama's proposed plan is for everyone getting mandated by the government to make deals with health insurance companies. Obama is the end of socialism, contrary to popular opinion.


"Live with your head in the lion's mouth. I want you to overcome 'em with yeses, undermine 'em with grins, agree 'em to death and destruction, let 'em swoller you till they vomit or bust wide open." -Ralph Ellison

"Overpower, overcome" -Cro-Mags

Offline

 

#14 2009-05-13 8:27 am

bratboy
laden with emotion
Royal Wombat
From: Austin, Texas
Registered: 2003-01-19
Posts: 34106

Re: Social Security & Medicare -- doing fine!

resedit wrote:

Think about this for a second -

The same government that is running those programs into the ground.

'Running them into the ground?'

These issues are the result of baby boomers retiring and people living longer.


"One thing we've learned is there's a difference between being disappointed and having madmen in authority."

                                                                   --Paul Krugman

Offline

 

#15 2009-05-13 9:39 am

Pithecanthropus
Roast Master
From: St. Cloud, MN
Registered: 2002-12-30
Posts: 4456
Website

Re: Social Security & Medicare -- doing fine!

I thought the Swine flu was supposed to kill off the elderly, thus saving Social Security and Medicare.  Boy, even government conspirators can't get it right.


Grandfatherly advice:  You can drink 'em pretty, but you can't drink 'em smart.

Offline

 

#16 2009-05-13 10:15 am

resedit
Chicken Little
Royal Wombat
From: /dev/null
Registered: 1999-11-01
Posts: 50400
Website

Re: Social Security & Medicare -- doing fine!

JakeTheTall wrote:

I love that its not "the Republican controlled government" but just "the same government."


If the incompetent, indifferent, and idiotic fail to succeed, do you doubt the venture ?

Even if Democrats do not run those programs into the ground and Obama strengthens those programs - there is no guarantee that the administration after his will do the same.

Both of those programs have suffered under both parties.
Putting the government in charge of our health care is a bad idea. It is extremely difficult, and we'll end up like Canada - where in many cases, only the wealthy (often by coming to America) can have certain procedures done in a timely manner or at all.


In her right hand Jenny held the Bible of her mother
Jenny had a pistol in the other
-- Steve Taylor

Offline

 

#17 2009-05-13 10:55 am

Pithecanthropus
Roast Master
From: St. Cloud, MN
Registered: 2002-12-30
Posts: 4456
Website

Re: Social Security & Medicare -- doing fine!

resedit wrote:

...Canada - where in many cases, only the wealthy (often by coming to America) can have certain procedures done in a timely manner or at all.

Source?


Grandfatherly advice:  You can drink 'em pretty, but you can't drink 'em smart.

Offline

 

#18 2009-05-13 11:00 am

robco
Curmudgeon
From: Sodom
Registered: 2004-12-04
Posts: 7944
Website

Re: Social Security & Medicare -- doing fine!

Ah yes, drag out the ol' "folks in Canada are waiting for years!" argument. You do realize that it's not a huge list right? And that the overwhelming majority of procedures are done in a timely fashion? And that overall, Canadian and Europeans enjoy longer, happier, healthier lives than most Americans? It's not "many cases" it's a relative few. And nobody ever said that there wouldn't be issues - you'll never have a perfect system. But I'd rather have a system that provides access to everyone, where people don't have to worry about losing their coverage if they want to change jobs, or lose their job, where people can get preventive care and avoid more expensive, riskier procedures.

If you want to be truly fair, let's bring up the fact that only the wealthy get many procedures here in the US. Quite a few working class folks with insurance can't afford the co-pays and co-insurance, not to mention the ever increasing premiums being taken from their paychecks to cover themselves and their families. Let's gloss over the fact that medical costs are one of the leading causes of bankruptcy in this country - even for folks who had insurance. The private sector has failed a huge portion of the nation. Please explain to me how the free market system in the US serves anyone other than the wealthy. The private sector has failed and is now only willing to make concessions because it might actually lose its death grip on the health care system.

Oh, and how is it that for the young, health care isn't a right, people should pay, etc. But for the old, they've worked for it and their entitled? Why are only the old deserving of health care? Why is it OK for many seniors to receive far more in care than they paid into the system? Why is it OK to have gubment health care for the old, but not for everyone else - or would you like to see SS and Medicare eliminated as well? If so, good luck with that...


It is an odd thing, but every one who disappears is said to be seen at San Francisco. It must be a delightful city, and possess all the attractions of the next world.
- Oscar Wilde

Online

 

#19 2009-05-13 11:48 am

mrreet2001
Member
From: NW Ohio
Registered: 2005-05-25
Posts: 4335
Website

Re: Social Security & Medicare -- doing fine!

robco wrote:

And that overall, Canadian and Europeans enjoy longer, happier, healthier lives than most Americans?

Thats because we are fat.


2.66Ghz QuadCore-Nehalem w/24"LED CD ---2.2Ghz BlackMB---15" 2.4Ghz MBP(work)
Dual 2.3Ghz G5 (4G Ram, 2x 250G HD)(10.5 server)--- 400Mhz G4 PM (10.4 Server)
1.5GHz Powerbook---1.6Ghz G5 iMac
"So he fels down in a poisoning gas."

Offline

 

#20 2009-05-13 12:05 pm

iSeamas
Captain Howdy
From: the Sticks
Registered: 2001-12-26
Posts: 1434

Re: Social Security & Medicare -- doing fine!

resedit wrote:

It is extremely difficult, and we'll end up like Canada - where in many cases, only the wealthy (often by coming to America) can have certain procedures done in a timely manner or at all.

I wonder if there are any Canadians with ACTUAL experience who care to comment on this.


Then again I am sure Hannity knows more about health care in Canada than any Canadian.


All I wanted was a Pepsi, just one Pepsi, and she wouldn't give it to me.

Offline

 

#21 2009-05-13 1:26 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: Social Security & Medicare -- doing fine!

resedit wrote:

Putting the government in charge of our health care is a bad idea. It is extremely difficult, and we'll end up like Canada - where in many cases, only the wealthy (often by coming to America) can have certain procedures done in a timely manner or at all.

lollollollol

Man, that is so funny on so many levels, I don't even know where to start.

Okay, here's a starting point: there are more Americans without health insurance then there are Canadians with insurance. Far more. Like ten million more. And Jebus, talk about a system that favours the rich!

Meanwhile, the US has its own issues with wait times.

Man oh man, that was a laugh.


Note: please delete this post.

Offline

 

#22 2009-05-13 3:17 pm

freecat
Not funny online
From: West of the East Coast
Registered: 1999-04-04
Posts: 5765
Website

Re: Social Security & Medicare -- doing fine!

JakeTheTall wrote:

Pariah wrote:

Lift the ceiling on payroll deductions, problem solved.

I agree.  But that only fixes SocSec...Medicare is a whole other thing.

Means test both programs, problem solved.

Offline

 

#23 2009-05-13 3:47 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: Social Security & Medicare -- doing fine!

freecat wrote:

JakeTheTall wrote:

Pariah wrote:

Lift the ceiling on payroll deductions, problem solved.

I agree.  But that only fixes SocSec...Medicare is a whole other thing.

Means test both programs, problem solved.

Yeah, that's a real vote-grabber.


Note: please delete this post.

Offline

 

#24 2009-05-13 3:52 pm

JakeTheTall
Cargo Cultist
From: In Permanent Opposition
Registered: 2003-03-13
Posts: 9615

Re: Social Security & Medicare -- doing fine!

freecat wrote:

JakeTheTall wrote:

Pariah wrote:

Lift the ceiling on payroll deductions, problem solved.

I agree.  But that only fixes SocSec...Medicare is a whole other thing.

Means test both programs, problem solved.

I'd have no problem with that, but I don't know if that would solve the Medicare problem....I wonder if the means of enough of the elderly would really result in enough savings.


Jesus said to the servants, "Fill the jars with water"; so they filled them to the brim.  Then he told them, "Now draw some out and take it to the master of the banquet."  They did so, and the master of the banquet tasted the water that had been turned into wine. He did not realize where it had come from, though the servants who had drawn the water knew.

Offline

 

Board footer

Powered by PunBB 1.2.6
© Copyright 2002–2005 Rickard Andersson