BTW, that silly statement that people say "US cannot go bankrupt"
Depends of what definition of bankrupt you mean. Do you mean bankrupt like failing to pay your bill or bankrupt like you will never be able to pay off your debts. Obviously we know US can just keep printing IOUs to their heart's content. SO they would never FAIL to pay a bill, but will they ever pay off their debt? Not if we keep this course.
No. This was already thoroughly explained in the other thread and I'm not going to repeat myself. I'm simply going to point out you were wrong then, and you still wrong now. If you want to know why and revisit the conversation, go re-read that thread.
I sat down and spent a lot of time thinking about this the other day...someone pointed out that it's the healthcare spending thats going up, and they're right. In years past, we didn't have all these life extending technologies and things. Rather than spend millions treating someone for cancer or an organ transplant, they just died. Now days we are spending more and more money keeping people alive longer and longer. I don't think it's something that can easily be solved without throwing morals out the window and just saying the sick and the old. They are what's driving up healthcare costs, but you can't just throw people under the bus at the same time. Tough dilemma, honestly. I think it would help if we as a country became a lot healthier. It's the smokers, drug addicts, alcoholics, and obese that are ing us.
ElNono...
Argue all you want, but you are accepting the use of "off budget" numbers to balance a "budget."
lots of people have catastrophic health issues in the final years of life that have little to do with lifestyle and everything to do with being old and in the hospital
and in years past, they just died. now days, we have more expensive and creative ways of prolonging the inevitable.
also, just as many people also have catastrophic health issues because of the choices they made for 70 years.
sure. didn't dispute that, just that poor health is elective.
yup. The baby boomers are getting old, and them getting their 401ks wiped out does not help.
we're all gettin old
The US debt is in US Dollars. All of it.
What we owe China? Sitting in the Fed in US Dollars.
What we owe France? Sitting in the Fed in US Dollars.
They can't pull that money out other than spending it in US goods or services (which are paid in US dollars).
lol Ferraris
old people are going to have health problems. i think we all understand that. but there are also a lot of people who are unhealthy because of lifestyle choices. my neighbor just passed away after a long bout with heart attacks and heart trouble. he was only in his 60s, and was a smoker all his life. he probably cost the state millions, and it was because he wouldn't stop smoking and eating unhealthy.
his heart troubles started in his early 40's btw.
sitting in the Fed
I agree this needs to be addressed. Unfortunately, there's a lot of middle men, even for basic care, that shouldn't be there, IMO. I can understand the high cost of catastrophic health issues. But even getting an Xray and a fracture treated can run you into the thousands of dollars. It's crazy, and it never costs that much anywhere else in the world.
It's the healthy ers that just won't die that are the REAL problem. I mean who wants to pass on all the fun stuff in life just so they can outlive their sinful friends and their money and just sit there with their wrinkly old man smelling bodies in their rocking chairs doing nothing?
I'm not arguing.
if this country were to become more health conscious, i still think it would help a lot. we are a morbidly obese, unhealthy country. cancer rates are skyrocketing.
Where do you think it is?
/facepalm
that's crazy man, i don't fault people for being healthy. life should be appreciated, and if i'm 80 years old just spending time with my grandkids or fishing from time to time then i don't consider it sitting around doing nothing at all. life should never be taken for granted.
I see his argument as meaning that because people are living longer, Social Security and Medicare is being exhausted quicker and quicker. This would apply to any other subsidies the elderly may receive. It is a real concern. I'm not trying to tangent off this, but if we then have Obamacare requiring more insurance, it would keep the elderly alive and costing us money even more. Another net revenue shortfall.
How can something that does not exists be sitting anywhere?
sorry but i want to keep my grandparents alive, and you and i will be saying the same thing when were that age. there is a solution to all this, and it's going to require a new leaner healthcare system, leaner government, and less wasteful spending across a variety of areas.
Give hem a break. He's addicted to Hope-ium.
I'm not saying it's a bad thing. It's reality. Now I would advocate not having government paid life extending procedures just because they are available. There comes a time when the individual or family needs to bear the cost, or let the person pass on. It should be the tax payers.
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