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To: RSmithOpt
Yes they are accurate, and there IS NO TRUSTFUND!

it is just a accounting gimmick. The general fund must begin pouring money into SS in 2018, or maybe a bit earlier.

They left a marker when they spent the money on general budget items, and SS will be cashing in those markers.

The unfortunate disaster that is coming, is due to the fact that Medicare will be asking for 10 times what it needs now during the same period of time.

It is a financial cliff!

8 posted on 02/18/2005 11:42:56 AM PST by Cold Heat (What are fears but voices awry?Whispering harm where harm is not and deluding the unwary. Wordsworth)
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To: Cold Heat
"(Medicare) It is a financial cliff!"

You may be right or you may be wrong. The cliff comes if we project today into the future. That may not and probably will not happen.

Lets us say that they develop a cholesterol shot to actually clean arteries of plaques. How much would that take out of medical costs? It has already been tested.

Lets says US food makers find proof that refined carbs are causing obesity and diabetes, which they are, it is already being proven. What would a sea change in the American diet for the better do to drop health costs as companies scramble to avoid liability and fill new demands?

We are on the verge of breaking the biggest killers we face today. Material improvements in these diseases will take a huge burden out the medical system in the future.

11 posted on 02/18/2005 12:12:28 PM PST by oldcomputerguy
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