Social Security and Medicare

So I'm watching the news yesterday, and the story is that the government will have to pay back the Social Security and Medicare Trust Funds in 2017. Medicare is expected to be completely insolvent by 2019. Social Security will be in the red in 2019 and completely insolvent by 2041.

If those dates sound "too far off to care" or "I might not be alive by then" let me provide some perspective. If you're 25 right now, then in 2019 you'll be 36. So that means that all the medicare money that was taken from your paychecks all these years will not amount to anything.

And as for social security, if you're 25 now that means you'll be 56 when social security becomes completely insolvent, so you'll have just missed getting any benefits at all by 6 years.

So what do we do? I'll have to say for once in my life I agree with President Bush. I supported him in 2005 when he proposed the social security private accounts, for which he was slimed by the left. For those of you who are on the left and oppose the private accounts option (because it was optional and not mandatory), what is your solution? How do you fix a system that was designed to have a lot of workers on the bottom supporting a few workers at the top? Sure, it may have worked in the 30s when we were still a largely agrarian society and recent arrivals of Jewish and Catholic immigrants would have 6 or 7 kids, but since then social security has gone from having 13 workers to every retiree to 3 workers for every retiree. The only way to fix it is for people to have more kids, and how exactly is government going to force people to have more kids. THEY AREN'T!!! They can't!!!

It's so sad that the one thing that would have saved us from this looming crisis was put down by the left for 2 stupid reasons: (1) AARP pulls the strings of the Democrat marionets, (2) they wanted to get a cheap political victory after years of losing to the Republicans and after having just lost the 2004 presidential election.

So in 2041 when Social Security goes down the toilet and our debt mushrooms even larger than the outrageous amount we currently owe, remember who to thank: Nancy Pelosi, John Kerry, Hillary Clinton, Ted Kennedy, Barbara Boxer and Dianne Feinstein. Oh yeah, and also every Republican and Democrat administration that borrowed and borrowed and borrowed from the social security trust fund.