Quote:You are mostly right, but the real answer stems from government over-reach way back in the 1940's.  This explains it in simple terms.

 

You're absolutely right in the fact that most people are not self disciplined enough to save for retirement.  However, that's a culture problem, not a government problem.

Once employers started providing health care it became something that will never go away...Health care is much too expensive for people to afford on their own and if employers start removing health care as a benefit, it's going to hurt employee retention...Companies cutting benefits will discourage longevity in the work place...

 

The culture problem becomes a government problem when the government has to expand public assistance and subsidies to accommodate for uninsured persons with health problems and unable to meet their financial and housing needs...  

---