Posted on 02/24/2023 2:36:49 PM PST by nickcarraway
Crude Man is my favorite “expert”.
Always wrong—every time!
A decade go, that would have been a joke. Now?!
*ago
But not the illegal aliens currently being allowed to invade.
We need vetted immigrants who see the USA as the land of opportunity, not the land of the handout.
if krugman says it’s in good shape it’s about to collapse.
If we didn’t have tens of millions of immigrants sopping up resources we could just have natural population growth instead.
>>America has the lowest taxes of any advanced nation<<
That is factually untrue. America has the HIGHEST taxes of any advanced nation.
I don’t know whether Krugman is the dumbest economist on the planet or the most dishonest. Probably both
I am not an economist so someone please explain to me how the growth of healthcare cost outstripping the growth of the economy could possibly postpone insolvency.
This seems like a classic non sequitur
Krugman is a classic BIG GOV’T STATIST. He hates the private sector.
Social Security never had to be a Ponzi scheme. But when it was drawn up, very few people lived long enough to make a significant withdrawal of the funds that had been deposited. Retirement age was arbitrarily set at 65, when average life expectancy was less than 60 years.
The supposed “Lockbox funding” has been raided time and time again, for short-time contingencies, supposedly to be paid back in the future, but to date, none of the pilfered funds has ever been restored. All there is in the “lockbox” are a bunch of IOU’s, now worth about as much as the paper upon which they were printed, or in today’s digital world, the computer storage space on a server somewhere.
Social Security is most likely sustainable.
MEDICARE & MEDICAID ARE NOT.
You cannot give out groceries-—rent—house down payments out of Medicaid and keep that going.
ALSO-—Health services for MILLIONS of INTRUDING ILLEGAL INVADERS isn’t sustainable NOR fair to tax paying Americans.
Certainly most partisan!
The financial industry at the time warned the FDR Ivy League geniuses it was not sustainable. However, by the time that happened they would dead, and it would be someone else’s problem.
Oh dear! We are in trouble! If Krugman states or predicts something, you can count on reality being the exact opposite.
Medical residents are paid from the Medicare\Medicaid fund.
Boy is Krugman lucky this is happening for him.
Unfortunately it is happening to Americans at an inconvenient age.
Americans are dying more frequently between the ages between 20 an 40 at a 40% higher rate from heart attacks than before COVID.
This is a prime age for paying in to SS and not receiving SS.
Tough luck Jack.
SS is totally sustainable, as sustainable as fiat currency.
Since 1789 to 2021, the US deficit total (+/-’s summed together) amounts to $21 Trillion. We’ve NEVER paid a plug nickel in principle... only accumulated it.
It would take the flick of a few key strokes to enter into the US ledger any amount to SS. The only reason today that seems not possible is that there is so much “news” that SS is “unsustainable”.
But, the reality is fiat is not sustainable as it was designed to fail, and therefore SS is not either. Both should fail at the same time.
Oh, did I mention NESARA? Waiting in the wings to deal with the mess that fiat has created.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.