SamuelRSmith on 28 June 2010
I personally think that Medicare/Medicaid (I don't know which one is for pensioners), Social Security, and all the rest of it, are in serious trouble. I read somewhere that if you take into consideration NPVs of all expected contributions, and all expected payouts of the schemes over the next few decades, there is around a $40 trillion deficit. That's a serious figure that needs to be dealt with immediately. Puts Stickball's $500bn of savings to shame (not that they shouldn't go ahead, but that they're nowhere near enough).
