In response to:

Entitlement Reforms

J. Galt Wrote: Aug 29, 2012 12:12 PM
As a class, the elderly have a much higher net worth and standard of living than those several generations following behind who are now enslaved to support the senior class.
LuvMyGrandkids Wrote: Aug 29, 2012 4:44 PM
And, why do you think the elderly "have a much higher net worth and standard of living"? Maybe because they saved and invested, etc. Which is all the more reason Medicare and Social Security should have a non-government aspect to them; health savings accounts, investment opportunities for retirement (IRA's etc.) rather than government managing them! As a senior, I would much rather have opportunity to acquire private insurance in the competitive market than have Medicare!!!

For those of us who like to believe that human beings are rational, trying to explain what happens in politics can be a real challenge.

For example, that segment of the population that has the least to fear from a reform of Medicare or Social Security is the most fearful -- namely, those already receiving Medicare or Social Security benefits.

It is understandable that people heavily dependent on these programs would fear losing their benefits, especially after a lifetime of paying into these programs. But nobody in his right mind has even proposed taking away the...