The two hallmarks of the Democrat Party.......sucking this country dry.
How the Democrats and the media howl everytime a Republican mentions cutting entitlements.....
No its bankruptcy can be postponed with a few minor adjustments. Ponzi schemes always end the same way.......As for the entitlements, social security can be made solvent with a few minor adjustments.
.....well eventually that eliminates everyone from the benefit....but not the bill.By continuing to raise the retirement age by two months per year, and by indexing SS payments to a more accurate measure of inflation, we can keep it solvent. The Republicans have said that they're going to take it up, and Obama has displayed willingness to work with them on the issue.
The notion that government taking over (insert anything) will yield a lower cost to the consumer.........Medicare/Medicaid are much more difficult to solve. These are much bigger problems looming on the fiscal horizon. Hopefully the new health care reform law will help rein in the costs, but it doesn't go nearly far enough in terms of cost controls. Ultimately I think we're going to have to do things that make consumers feel some of the cost of their medical expenses. The "Cadillac Tax" on expensive health care plans is a start; we should start taxing ALL health benefits as regular income to break the link between health insurance and employment. We're also going to need some laws that create a favorable environment for high-deductible plans, so that consumers will be able to protect themselves against the risk of a serious medical bill wiping them out, but still having to pay out of pocket for routine expenses.
.........is to ignore every government in world history.