Comment on Newsweek: How To Solve Medicare And Social Security - Let Them Go Bankrupt, Soon

Newsweek: How To Solve Medicare And Social Security - Let Them Go Bankrupt, Soon

When the trustees of Social Security and Medicare recently reported on the economic outlook for these programs, the news coverage was universally glum. The recession had made everything worse. Social Security, Medicare face insolvency sooner, headlined The Wall Street Journal. Actually, these reports were good news. Better would have been Social Security, Medicare risk bankruptcy in 2010.

 

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