Social Security: the least of our entitlement worries. It is frustrating that those who can afford retirement on their own are collecting SS. I would cut them out first of all. The rest have had promises and they count on it. My parents count on it so they can take a long trip every year to somewhere interesting. Before FDR we didn't have it. How did we care for our elders then? They lived with us. We need to go back to that model and have families care for the elderly.The problem with yanking entitlements is we've encouraged a large amount of elderly Americans to think of them as, if not entirely, at least a large chunk of their retirement. It's a little cruel to pull the rug out from under their feet at this point. I am not entirely opposed to telling the younger generations they're on their own, but then what do we do when people don't save for old age? Let them starve on the street?
Medicare/Medicaid: This is a tough one and evidently the more costly and growing of the entitlements. Since we are talking socialism, lemme briefly tell you my solution. At the state/local level (where-ever the optimal savings for administration and staffing occurs) we create Co-ops, so they are not government run. We fund the co-ops with state and local taxes. Taxes will go up. The co-ops provide medical care for the old, the sick (pre-existing conditions) and the poor. Medicare and Medicaid are closed down. The co-ops will hire their own staff (admin, nurses, doctors) and buy their own facilities (clinics, urgent care, pharmacies, hospitals). Costs are contained based on the employment and facility ownership. They can serve X number of people in T amount of time. The latest drugs are not always used to save money. No choice of doctors in this system. You may be able to buy supplementals for the latest drugs and doctor choice.
I am screwed on retirement.I don't know. I'm saving for an early retirement. On one hand I don't see how it's my problem is someone else doesn't. But on the other hand there are a lot of practical problems.
Yeah, like Crippler said, why are you hating on the sciences?But I am totally down with funding the sciences. Once we're out of this deficit.