The editors at Bloomberg have decided that condemning younger workers to a more dismal future is the best way to deal with the Social Security program’s giant long-run shortfall. They want workers to pay higher taxes to prop up the bankrupt system. And, in exchange for those higher taxes, they want to give people less [...]
Archive for September 6th, 2011
Bloomberg’s Flawed Response to Social Security Shortfall: Americans Should Pay More and Get Less
Posted in Entitlements, Social Security, Social Security Privatization, tagged Bloomberg, Entitlements, Europe, Madoff, Personal Retirement Accounts, Ponzi Scheme, Social Security on September 6, 2011 | 7 Comments »
From the U.K., another Great Moment in Government-Run Healthcare
Posted in England, Entitlements, Government intervention, Health Care, Health Reform, Third party payer, United Kingdom, tagged England, Entitlements, Government-run healthcare, Third party payer, United Kingdom on September 6, 2011 | 6 Comments »
I’ve written several times about the sometimes-deadly shortcomings of government-run healthcare in the United Kingdom (see here, here, here, here, here, here, here, and here), so I like to think I’m relatively immune to being surprised. But this story from the Telegraph is a shocking combination of tragedy and farce. Some regional healthcare bureaucracies are [...]
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