Medicare and Social Security we have paid into all our working lives. Do I think those have to be improved, yes I do. Privatize social security and medicare, might be the way to go.
That wasn't the question, the question is would your generation, having already paid into these for their working lives, be willing to call it loss for the sakes of current and future generations.
Privatize social security and medicare, might be the way to go.
Why? As long as they are government sponsored entities there will be problems: look at Fannie Mae and Freddie Mac.
(That is: Truly privatized and voluntary systems, performing the same functions, would not be rightly called either.)