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Big changes to Social Security and Medicare could be coming next year

 
waht
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User ID: 24118278
United States
12/11/2012 11:59 AM
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Big changes to Social Security and Medicare could be coming next year
There's one economic variable that's highly predictable; demographics. In all of the industrial countries, the aging population is now weighing on the economic outcome. Japan was the first country to go down the tubes from this phenomenon. Europe is behind Japan, but rapidly catching up.

The U.S. has a huge headache with an aging population. The number of oldsters is big, and rapidly rising. Add to the size of the aging U.S. population the fact that the promises made to these people are enormous. Other countries, like Canada, Russia, and even China are struggling with the problem.

The U.S. is in now in year three of what will prove to be a 20-year mega-trend of an aging population. These facts have been know for a long time, I'm amazed that the U.S. has been so slow to come to grips with the implications of what is clearly in our future. Thanks to the fiscal-cliff debate, the financial implications of the graying of America are now being discussed, and Washington is talking about "solutions."

So what are the solutions that the deciders are zeroing in on? Simple. The proposals (and what we will get) are...

[link to brucekrasting.com]
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User ID: 28510817
United States
12/11/2012 12:07 PM

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Re: Big changes to Social Security and Medicare could be coming next year
There's one economic variable that's highly predictable; demographics. In all of the industrial countries, the aging population is now weighing on the economic outcome. Japan was the first country to go down the tubes from this phenomenon. Europe is behind Japan, but rapidly catching up.

The U.S. has a huge headache with an aging population. The number of oldsters is big, and rapidly rising. Add to the size of the aging U.S. population the fact that the promises made to these people are enormous. Other countries, like Canada, Russia, and even China are struggling with the problem.

The U.S. is in now in year three of what will prove to be a 20-year mega-trend of an aging population. These facts have been know for a long time, I'm amazed that the U.S. has been so slow to come to grips with the implications of what is clearly in our future. Thanks to the fiscal-cliff debate, the financial implications of the graying of America are now being discussed, and Washington is talking about "solutions."

So what are the solutions that the deciders are zeroing in on? Simple. The proposals (and what we will get) are...

[link to brucekrasting.com]
 Quoting: waht


What will the entitlement generation do without the baby boomers tax money? Ever think of that?
Who is John Galt?
T Ceti H.C.Radnarg
User ID: 27089841
United States
12/11/2012 12:34 PM
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Re: Big changes to Social Security and Medicare could be coming next year
2 children limit per household globally,automatic sterilization for both partners.for every year of this,it will be as 1 year in reverse of the current situation.20 year+ plan gets us 20+ years ago etc.etc.scheming

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