They’re worried about $10 million a year loss?
For crying out loud, the damn govt sucked up $2.4 trillion in 2006. I figure at least $800 billion of that was wasted on unneccessary junk. Point me to the press release that calls for shrinking the fed govt by 1/3 and you’ll get my attention.
The pols can distract us with with ridiculous articles about losses of $10 million/year because of the innumeracy of the population. I doubt much of the population could even tell which is larger: $10 million or $800 billion.
‘Progressively’ bring the entitlements to the free-market. The next president will have to do that or atleast start doing it.
I think the best conceiveable way would be to make marginal cuts in the programs (over a period of time) while holding mandatory holdings in 401k like accounts. If this was done to both SS and medicare, medical care could easily be funded by individuals and they could save a great deal of money....while having funds to invest or bear interest on.
They also need to free up medical system.