Interesting question. I think the answer is a little more complicated than yes or no. Originally, these programs were intended to be used as social safety nets for poor people who had lived past normal life expectancy. The old image was of a poor old widow who had never worked and had no means of caring for herself. What these programs morphed into were socialist entitlement programs meant to relieve people of the burden of planning for retirement. Inevitably in the US, as in every other advanced nation, programs like these are slowly going bankrupt because of changing demographics.
On 5/3/06, G <[EMAIL PROTECTED]> wrote: > > Which brings up the question........Social Security, Medicare, > etc.......are > these mini-socialist experiments here in the ole' capitalist US of A that > are going tits up? > > > And Medicare is already, as of this year, paying out more than it takes > > in, > > according to the report. > > -- --------------- Robert Munn www.funkymojo.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:5:206145 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
