wrote in message
...
On Fri, 11 Jun 2010 21:49:15 -0700, "nom=de=plume"
wrote:

I will lay that on every administration since Eisenhower. He was the
last one who actually wanted the government to live within it's
budget. Goldwater predicted this Social Security problem in 1964, when
we might have actually been able to do something about it. .By 1970
the die was cast and anyone who actually looked at the demographics
knew SS was going to go broke. The only arguments was when. In spite
of that nobody was willing to propose the fixes that would actually
save the system (later retirement ages, stopping the unrealistic
growth in benefits and means testing the benefit). They nibble around
the edges of this but they will not take the steps necessary to fix
it.
Greece is looking the same basic problem in the face, with a EU gun at
their back and they will have to make the changes. Let's see how that
works out.

We are in no way comparable to the Greek economy. SS is solvent now and
can
be fixed. The sky isn't falling.



The sky isn't falling yet but SS is clearly living beyond it's means.
We are borrowing money to make up the difference. The same is true of
Medicare.

Lots of things are in that category. As I said, it's fixable, both are.