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The Economy as a Lifeboat
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(06-16-2017, 07:12 AM)The Real Marty Wrote: Consider a lifeboat, with 12 people on board, in the middle of the ocean, with no apparent hope of immediate rescue. There is a sail, and the captain knows how to sail the boat and navigate, and there are 5 other people who are experienced sailors. The rest are old folks and children. They can reach land in a month, if the wind holds out, but they only have enough food and water for 2 weeks. If they keep everyone on the boat, they will all die. If they throw the old people and the children off the boat now, the remaining 6 might live. Great capture paragraph. It definitely got my attention. Here is my perspective. Both, the boat situation and medicare are a result of bad planning. As such you cannot discard people and just let them die due to broken promises. The people of prior generations who worked hard in factories were promised medicare and social security and thus worked their [BLEEP] off throughout their life. Our generation is a fend for ourselves generation resulting from layoffs, lack of pension, and a cut throat corporate environment. If you were to say social security were to be cut off in the year 2050 so be it but we need to support our elders who were brought up during the depression and fought wars to give us our freedom. |
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