On rationing of care in the form of queues, does anyone here seriously believe that if you simultaneously take the double hit of adding 32 million people to the rolls at one end of the system as 33% of physicians quit the profession at the other end of the system (see
The New England Journal of Medicine reporting above) that service to patients will remain unaffected or at worst produce a few minor waits? If so, I believe there will come a terrible rude awaking. That's like saying that if in a bank lobby a third of the tellers are laid off, and the customer queque in the lobby increases by 10% that service will be just as prompt, there will be no delays, and the line will be the same length as if nothing happened. Or it's like a factory production line with 10 machines, and orders have just increased by 10%, but now were going to shut down 3 machines for maintenance and expect to get the increased number of finished units off the line in the very same timeframe. Huh??? If you truly believe that even for a moment, then we need to stop discussing this impending negative outcome, as it will produce no agreement on either side. It's certain not change I can believe in! By the way, I spent 15 years as a senior executive in healthcare, retiring as a Chief Operating Officer, and I understand wait lists first hand better than most.
Here is a brief article that just came out today addressing the sorry status of Social Security, as it's part of the larger entitlements picture. Here is a brief bio on the author, Douglas Mcintyre. I didn't have it notarized, buy hopefully it will be acceptable.
Douglas Mcintyre
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Business and Investing News
Douglas A. McIntyre is the former editor-in-chief and publisher of Financial World Magazine. He was also president of Switchboard.com, which, at the time, was the 10th most visited website in the world. He was CEO of On2 Technologies, which proved the video compression for the nearly 800 million Flash players on PCs around the world. McIntyre has appeared on CNBC, Fox Business, CNN, and BBC News.
"Economists have said for some time that the Social Security fund would run out of money sometime between 2035 and 2040. At that point, it won't be able to provide older Americans any safety net at all. This year the fund will take its first step toward the grave as payouts exceed collections, according to the Congressional Budget Office (CBO). The red ink will be $29 billion. That's against total payouts of $7.08 trillion.
Chief actuary of the Social Security Administration Stephen C. Goss explained to The New York Times: "Payments have risen more than expected during the downturn, because jobs disappeared and people applied for benefits sooner than they had planned. At the same time, the program's revenue has fallen sharply, because there are fewer paychecks to tax."
The reasons that the problem will worsen are clear. The American population is aging, unemployment is near 10%, and many economists don't see it dropping below 8% until the end of next year. After that, creating new jobs may be so difficult that persistent high unemployment could last for years. The base for the Social Security tax will simply have fallen too far for the fund to make up the ground to refill its coffers.
Years of Austerity Ahead?
It's much more difficult to forecast what the federal government will do about the problem. The national deficit will remain high for a decade, according to both White House and CBO estimates. The national debt will become so large that interest on it alone will reach $700 billion a year by 2019, so the Treasury won't be a realistic source for money to replenish the Social Security fund.
A number of economists, including prominent Harvard University Professor Kenneth Rogoff, have predicted years of austerity for Americans as they face the need to pay higher taxes to offset budget deficits, combined with lost services that the government can no longer provide.
While no one is suggesting that Social Security will go away altogether, its payments may need to drop for the fund to survive. Americans will face less generous benefits for their retirement years, but that process has already begun in privately funded retirement plans because many Americans who put aside money for their golden years saw much of that cash wiped out by the stock market crash. Adding to the problem, many corporate and government pension programs are underfunded, and the money to rebuild them may not be available as payouts to retirees rise while less money comes in from corporate profits or from taxes at cities and states.
The end game for Social Security may be that future American retirees won't get that social safety net they had counted on, at least compared to what was available in the past."
See full article from DailyFinance:
https://srph.it/cZMzTtWow! Talk of serious and prolonged austerity! Sound familiar? That's exactly what I had brought up.
So this tells us yet once again that SS as an entitlement is in dire trouble. I also gave you the dates above when Medicare and Medicaid, the other entitlements, will run out of money, which are considerably sooner. So here we have three very shaky entitlement programs. Yet now Obama and crew have piled on with another gargantuan entitlement program! Does nobody get it, folks? WE'RE OUT OF MONEY! WE'RE FACING NATIONAL BANKRUPTCY! And Moody's is signaling that it's likely going forward to lower the U.S.' credit rating which will make the cost of borrowing soar, and this is despite their acknowledgment that it will pose a serious threat to "social cohesion" (surely you know what that is). Have we gone mad???

You'll undoubted say, "Oh yeah, everything's just fine, merely business as usual. No need to be concerned." Sorry, but I reject that notion out of hand.