3 ms·
It is interesting but largely irrelevant (I haven't read through the whole thing yet but I read through the 18 page summary in the beginning). For example, tak
by TomOfTTB 16y ago
It is interesting but largely irrelevant (I haven't read through the whole thing yet but I read through the 18 page summary in the beginning). For example, take a couple of the changes they suggest...
- Raise the Social Security retirement age to 73 while raising SS taxes by nearly 2%
- Reduce Medicare benefits while raising taxes to fund the program by nearly 3%
Both are perfectly reasonable financial suggestions but the political will to accomplish them just doesn't exist. I'll go on record as saying every problem the USA has could be solved if you can find a politician who can sell raising taxes AND cutting services at the same time. But I don't think the person is out there.
Meaning these suggestions have no hope of being implemented and are largely just a mental exercise.