Well, the leading teaching of progressive socialist liberals is capitalism can only end by bringing on fiscal chao's. Their stated goals are you first create so much debt that the system crumbles. Once this is done, it can then be corrected with socialism.
Now, doe's Obama believe that...who knows, but his mentor's sure did. Still, the GOP seems to do the same thing.
Just think, right now we owe over 60 trillion dollars to SS and medicare alone for those paid into it. That's more money in all banks and stock markets in the world. No matter what they say both programs are doomed.
My guess is they will keep raising the retirement rate so the program appears to be there, few get to use it long. Medicare will have to go, can't be substained.
We have to face one thing. We will spend trillions to keep the elderly alive for a few more years. This is the big issue. I know no one wants to kill off the elderly, but using medicine to keep prolonging life will bankrupt us until no one can afford healthcare..already has. Fact is this must stop.
The next crisis is the youth of today, 40% obese. We have the first generation that has a lower life expectancy than the former. They will be the generation of terrible chronic disease in a time when healthcare will be unavailable. I think Trump is out there, but I do agree with him we will be a two class society of 10% rich, 90% in poverty.
|