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#401 |
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9-10-Q-K
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SDN Members don't see this ad. (About Ads)
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#402 |
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Already has the grail.
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Do you think that's right?
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"The humanitarian in theory is the terrorist in action." - Isabel Paterson |
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#403 | |
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1K Member
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Rand Paul's plan is better: http://thenewamerican.com/usnews/pol...udget-proposal
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Cordially, Dave __________________________________________________ __________________________________________________ _____________________________________________ "American 'rights' have taken on the same vapid character as grade-school sports: Everyone must be allowed to participate, and everyone is entitled to the same participation ribbon." - Mark Steyn "Mosques are our barracks, minarets our bayonets, the domes our helmets and the believers are our soldiers." - Recep Tayyip Erdogan |
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#404 | |
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1K Member
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It simply does too little, too slowly. Rand Paul has a better idea of what needs to be done. |
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#405 |
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The "country will not last the long". Really? So a country of 300 million people will just cease to exist? People like you need to stop exaggerating.
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#406 | ||||
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Maybe Ryan's plan isn't the best, but I don't know what is. Robert Greenstein wrote some compelling criticisms, what are his serious suggestions to change the path the nation is on? Things like this blow my mind: http://www.bloomberg.com/news/2012-0...shortfall.html Quote:
Last edited by JackShephard MD; 03-28-2012 at 08:55 AM. |
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#407 |
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As much as I despise the cliche "as we know it", I'll use it to explain my statement. If and when the dollar collapses (as the intelligent economists predict as an eventual certainty), this country, if still unified, will be radically different. As will its systems.
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#408 | |
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1K Member
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Quote:
__________________
MD Class of 2016
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#409 |
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1K Member
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#410 |
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#411 | |
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1K Member
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Numbers don't lie, and right now they paint a very bleak picture. Can a crisis be averted? Possibly, but don't expect Social Security, Medicare, and the rest of it to be left unblemished. |
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#412 | |
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I'd like to see a few articles by the "intelligent economists" that you mentioned a few posts ago though. I'm a big fan of post-apocalyptic fiction.Edit: sorry if I sound snarky, I'm actually interested in reading the articles you're referring to. Last edited by SteinUmStein; 03-28-2012 at 10:03 AM. |
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#413 | |
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Senior Member
Join Date: Feb 2010
Posts: 131
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#414 | |
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1K Member
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#415 | |
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Crux Terminatus
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Really? Did I just read this coming from a medical student? Today's treatments exist because a generation of scientists were funded by the government to develop such treatments. The private sector has absolutely dropped the ball in comparison. Nearly every major pharm company has cut R&D spending drastically over the last decade. Medical device companies have consolidated and focused on incremental upgrades to software instead of new technologies. The biggest source of new drugs/techniques/treatments comes from universities who's researchers are usually (if not always) funded by the various government authorities. These scientists are the ones who are filling the pipelines with new advances, not the private sector.
__________________
"For a day and a night did Ancient Ronald Reagan make his wrath known. Against his indomitable hide the reds threw countless men, tanks, and ships. But the soviets could not prevail. The venerated dreadnought spat freedom from his assault cannon and spewed liberty from his flamer. There was no stopping him." Annals of the Americans, the Democratic Astartes |
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#416 | |
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Senior Member
Join Date: Feb 2010
Posts: 131
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I think, one should also be able to see diminishing premiums based on longevity of the policy so that people who have been in the system longer or used it less/kept themselves healthy get an incentive to keep coverage. This is the type of brainstorming we need...not the vile simplistic rhetoric on 'freedom' and 'socialism'. |
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#417 | |
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Senior Member
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#418 | |
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1K Member
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#419 | ||||
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Senior Member
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http://www.examiner.com/scotus-in-wa...e-not-stimulus Quote:
http://www.openmarket.org/2011/07/20...t-to-the-bone/ Quote:
We're funding these entities with enormous sums of money and as many students can attest, they don't do a great job. To quote Mark Twain, Quote:
Last edited by JackShephard MD; 03-28-2012 at 12:36 PM. |
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#420 |
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1K Member
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The answer to a dysfunctional educational system is not slashing its funding. There's a lot of work to be done reforming every aspect of American education, but it's going to take resources and time to get there. Simply reducing its funding will get us nowhere.
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#421 |
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Senior Member
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In terms of budgeting Social Security is one of the worst offenders.
It was enacted in 1935, the average life expectancy at birth was 61.7 years of age (the life expectancy after attainment of adulthood was 65). You could also start collecting social security at age 65. So a lot of people died before they could even get at social security funds, and some barely made it past 1-2 years of collection. Now the life expectancy is 78.7 at birth, and around 80 for expectancy after adulthood. That's 13.7 years on average of collected benefits from a system that was never really meant to give you anything. Also, there is no means testing for social security. Arguably, if you have saved during your employment and have a lot left over, there is no reason for you to need to collect on SS. This is annoying because "I paid into that my whole life", well you are still better off than people who are relying on that as their sole income and not as supplement as it was intended. Finally, If you are making over $109,000 dollars a year, everything above $109,000 is not taxed towards social security. This is simply ridiculous. Most of us do/will make more than that and there are plenty of multi-millionaires and sports players that aren't getting taxed on 75-99% of their income. Think about that, 1 million dollar/yr sports contract doesn't pay taxes towards social security on 89% of income. To fix it it's simple: 1. People are working longer or at least should be able to, thus, raise the retirement age for full benefits. (The reason this doesn't happen: Old people vote way more than youths and have already planned for that money and don't want it taken away when they are so close) 2. Means testing. (People will argue that they paid in and therefore should receive) 3. Raise the taxable level of income. (People will argue this is a penalty for success as above) 1. and 2. means less money going out (i.e. spending cuts) and 3. means more money coming in (i.e. "higher taxes") If both sides could just agree and not spend so much time defining why they are't the other guy, it could get done. Compromise = success.
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Healing is an art. Medicine is a job. Healthcare is a business. |
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#422 |
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1K Member
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Agreed. I think any Social Security-like system not linked to average life expectancy is ultimately going to fail. I don't think anyone in our generation can responsibly plan to receive any SS benefits when they retire, you'd be begging to be left high and dry when the money's gone and your insufficient nest egg runs out.
What's that, homeless old man? You were a doctor back in your day? Of course you were...
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#423 |
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1K Member
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People were saying the same thing about social security in the 50's, 60's, 70's, 80's, 90s', 00's, and guess what, the '10s too! Social security isn't going anywhere. It's as tired of an argument as old people decrying the morals of the newest generation.
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#424 |
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Senior Member
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So were the people bemoaning the power of the king from the 6th century till 1215 till 1776. Guess what? Stuff doesn't change unless you whine about it for a long time.
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#425 | |
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Avatar of Boris
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The biggest problem with SS is the fact that Congress uses it as a slush fund and haven't paid it back. If it was not for the fact that it's filled with IOUs, SS would be sustainable for a significantly longer time, even taking into account life expectancy.
__________________
"If you ask me for an apple and I give you an orange you would say, that's not an orange. And I say, that's a banana. And that's not an apple either. Or a peach, that's not an apple, either. It doesn't mean that I'm equating the banana and the orange and the peach." - Dr Ben Carson, Brainsurgeon. |
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#426 |
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1K Member
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With reform it may be around when we retire. Without reform it may be around in a more diluted form, as in much lower monthly payouts to recipients. I don't think it's outrageous to suggest that people currently in their 20's and 30's plan for a retirement that does not include a Social Security check coming every month. At the worst you'll have a little extra spending money to go golfing or take a nice trip...
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#427 | |
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snow, PBR, and bears
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Also, do you have a link to congress defaulting on the US government bonds issued to SSI? I'd like to read up on that. |
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#428 | |
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MD c/o 2016
Join Date: Oct 2010
Posts: 1,088
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You're saying that hardly anybody born in 1935 survived until 2000? Not only are plenty of them still alive in 2012, but the actuaries at the time kinda expected lifespans to increase. They weren't idiots.
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I ☤ New Orleans |
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#429 | |
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Senior Member
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http://en.wikipedia.org/wiki/Life_expectancy I based it on public domain information. Don't take your personal life to mean the truth, you need to use statistics. Thus, most people (taking into account a standard deviation) died before the year 2000, if they were born in 1935, based on statistical data. The expectancy after adulthood was 65 years old, which matters more when you're talking about the year it was enacted. |
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#430 |
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Senior Member
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That was the life expectancy at birth, but each year that individual is alive, their life expectancy changes. Which is why we have a significant population of people > 75.
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#431 | |
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Senior Member
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http://www.infoplease.com/ipa/A0005140.html You are probably referring to the differences in life span and life expectancy. One is not equal to the other. However, as shown above, for white males in 1939-1941 (later than 1935; thus, higher) who were 20 they had a life expectancy of 47.76 meaning 67.7 years total. |
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#432 | |
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1K Member
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http://www.beaconequity.com/peter-sc...se-2011-10-17/ http://seekingalpha.com/article/2699...total-disaster http://www.nationalreview.com/articl...ark-steyn?pg=1 The fourth link is best to start with if you want some light, easy reading. Mark Steyn is a great writer. The others are more depressing. |
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#433 | |
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1K Member
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http://www.foxnews.com/politics/2011...ing-decreases/ : $10,499 average per student Yes, Medicare/caid and SS must be drastically cut (and ultimately completely done away with). But we should certainly be funding research and scientific education. I simply cannot understand why public universities subsidize art history and other useless majors. It's time for thrift to become fashionable. BTW if anyone responds please don't give me the standard claptrap about "FauxNews (hahaha I'm so funny)" It was just a convenient link. |
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#434 |
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9-10-Q-K
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#435 | |
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1K Member
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(Although I think if that were to happen, more private schools would pop up out of necessity, and competition would make private schools cheaper. And better, but there's already no contest between private and public schools.) But we must slash spending regardless, because we have no money. Things may not improve, but ask yourself this: can they get any worse? |
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#436 |
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1K Member
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That logic doesn't really work. No artificial system lasts forever, and there is always a final straw. Rick Perry was right, at least about this; it really is a Ponzi scheme.
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#437 |
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9-10-Q-K
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#438 |
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#439 | |
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This is the example for a late-look bias, in which you are predisposed to belief that life expectancies are longer then are because everyone who did not have such a long life span is unavailable for interview. |
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#440 |
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Senior Member
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#441 |
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9-10-Q-K
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#442 | |
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1K Member
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![]() ![]() ![]() Now, after reading your post carefully, I note you were talking about "squeezing" funds from research, education, and infrastructure. In this context, I think it's perfectly reasonable to include research as well. I don't see how a fiscally responsible person could disagree with the idea that we must cut funding in ALL areas. |
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#443 | ||
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Senior Member
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Politics, where conduct, class and respect are all secondary to the day's pursuit. Quote:
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#444 | |
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9-10-Q-K
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Is it an insult if I truly believe that to take such a position one has to be functionally anencephalic?
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#445 |
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I guess you don't know that even women in their late 20s can use botox and fillers...oh wait...that's right...you're a bitter attending probably tooling away in some primary care specialty who has to deal w/ chronic diseases that never get fixed...guess I would be jaded too....
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#446 | |
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9-10-Q-K
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#448 |
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Banned
Join Date: Jan 2009
Posts: 701
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Last edited by officedepot; 04-12-2012 at 03:07 PM. |
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#449 | |
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![]() ![]() ![]() What are those? |
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#450 |
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Already has the grail.
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MD Class of 2016
I'd like to see a few articles by the "intelligent economists" that you mentioned a few posts ago though. I'm a big fan of post-apocalyptic fiction.






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