Comments

Yes, those of us under 30 that have paid any attention know just how screwed we are when it comes time to collect social security.

Posted by Greg Hurlman at November 24, 2004 11:53 AM

This is why alternative health is so important. Even if we just postpone peolple drawing on the medicare system for a few years, the financial impact will be huge.

Doesn't it make more sense for poeple to go to the YMCA to stay healthy than to go the the operating room after their health breaks down?

Posted by Mackay Rippey at November 24, 2004 1:11 PM

It is clear that the amount of welfare that has been promised to those lucky enough to live in our country past 65 is going to overburden those whose task it will be to pay for it.

There are a few ways to "fix" this being discussed today, but the first issue, to refer to Mr Peters' expertise, is "branding" the problem in a way that illustrates the true nature of the conflict.

Generational warfare hurts all of us. We should be encouraging and incentivizing people of all ages to work as long as they are able-bodied (eg Alan Greenspan), and offer welfare to those who need it. Anyone capable of creating enough excess wealth to allow them to retire, either full-time or part-time, can of course do so, or transfer their wealth to their kids for college, or childrearing.

Posted by Bob Allard at November 24, 2004 2:13 PM

The USA shall innovate its way to new $$$Zillions in wealth!!! Free agent nation though baby - look out for #1. FDR & LBJ socialism still burdens mid/affluent/rich class - poor get a free ride - "pimp my ride" subversion man.

Posted by Freeman at November 26, 2004 9:06 AM