Something is going to kill Social Security and Medicare and Medicaid and a lot of other stuff. The sooner these things die the sooner the economy can rationalize itself. I am not a young kid contemplating being taxed most of my earnings to support a bunch of old folks. I am an old folk. A third of my income is Social Security. I am stuck on Medicare. Kill the ravening beast now. I would rather the deprivation now than watch the impoverishment of my children and grandchildren in order to support an army of high living bureaucrats and, as the raison d’être for the good livings of those bureaucrats, my SS check, while also being progressively impoverished as that SS check declines rapidly in value even as the number on it stays the same. AND that Medicare isn’t going to be worth more than aspirin and hospice after another year or so anyway.
I tried reading your Economic lesson...can’t access it...any tricks?
You make some good points. We’re on So-So Security and Medicare, too; but still able to do a bit of work along with it to make it not so nippity-tuck. I agree.
You sound like my Dad. He’s drawing SS, but he’s willing to give it up.