[Ipg-smz] Medicare

[Mac McCarthy]

Thanks.

On Wed, Jun 26, 2019 at 8:52 AM Christine Hall <christine at fossforce.com>
wrote:

> Here Mac: https://en.wikipedia.org/wiki/Social_Security_Trust_Fund
>
> Christine Hall
> Publisher & Editor
> FOSS Force: Keeping tech free
> http://fossforce.com
>
> On 6/26/19 11:43 AM, Mac McCarthy wrote:
> > I believe there i no actual "fund"--it's the equivalent if a promissory
> > note. Not funded just paid out from social security funds paid in or
> > general revenues. The risk is when the payouts exceed govt revenues...
> >
> > On Wed, Jun 26, 2019 at 7:59 AM Christine Hall <christine at fossforce.com
> > <mailto:christine at fossforce.com>> wrote:
> >
> >     This is getting political, but that's not true. Social security fell
> >     apart when the funds kept being used to fund other services.
> >
> >     Christine Hall
> >     Publisher & Editor
> >     FOSS Force: Keeping tech free
> >     http://fossforce.com
> >
> >     On 6/26/19 9:43 AM, Stephen Satchell wrote:
> >      > On 6/25/19 8:04 PM, Kishore Jethanandani wrote:
> >      >> This idea of universal care or Medicare-for-all is such
> >     baloney--a myth
> >      >> waiting to be busted.
> >      >
> >      > One size does NOT fit all.  In some respects, we have baked
> >      > communisism/socialism into government institutions with the idea
> that
> >      > "if you make more, you can pay more" instead of charging a flat
> fee
> >      > (tax) for services.  Social Security went further -- it was a
> Ponzi
> >      > scheme that fell apart when the Baby Boomers came of retirement
> >     age on
> >      > one hand, and the raiding of the trust fund by Congress on the
> other.
> >      >
> >      > Reminds me of unions and pension funds -- "the money was just
> sitting
> >      > there."
> >      >
> >      > Minimum wage?  What a bad idea.  How about "minimum profit
> >      > participation" instead?
> >      >
> >
> >     --
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> >
> > --
> >
> > Mac McCarthy
> >
> >
> > Get my*"Wine Tasting 101" - Kindle Edition only $1.99*
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> >
> >
>
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-- 

Mac McCarthy


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