4 ms·
The 2011 SS deficit is expected to reverse in 2012 and does not represent a short-term crisis. It would be much more sensible to bring up dates like 2025 -- wh
by aamar 16y ago
The 2011 SS deficit is expected to reverse in 2012 and does not represent a short-term crisis. It would be much more sensible to bring up dates like 2025 -- when SS is projected to start dipping into principal -- and 2037 -- when the principal would be exhausted, if no policies are changed [1]. I support long-term planning to remedy the situation, but it seems to hinder productive discussion when someone implies SS will be unable to send out checks tomorrow or in the next decade.
Medicare: Chris Christie is a state governor so has no meaningful relationship to Medicare; you are probably referring to proposals to cut Medicaid benefits for the poor/indigent. This is not very similar to issues affecting Medicare. Paul Ryan does have a legitimate proposal for limiting Medicare growth (I suspect it will increase inefficiency and decrease health outcomes overall, maybe disproportionately for the poor), but it is a legitimate approach.
But: the stimulus & healthcare reform both already contain several very serious efforts to improve Medicare efficiency long-term, especially IPAB. Its short term savings are relatively small, but this is a deeply good (Democrat-associated) proposal.
[1] http://economix.blogs.nytimes.com/2010/11/26/the-social-security-deficit/ http://economix.blogs.nytimes.com/2010/11/26/the-social-secu...