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Several analysts we spoke with compared Ryan’s plan for Medicare with the trend of moving workers away from pensions and toward 401(k)s, changing the program from a defined benefit to a defined contribution."
so over the past decades we have learned the hard way "defined benefits" as unfeasible in the long run.. but defined contribution doable..
Evolution ! Got love it.. You dont want that 1950s mentality to weigh down our economy?
Change... Move Forward ....How about ? Improvise, adapt, overcome
Bellingham Bill
2012 Sep 5, 6:45am
Like Soviet Russia, this nation is too corrupt to have nice things.
Like Soviet Russia, it's going to suck when reality finally pierces the Exceptionalist bullshit and everything crashes.
"Despite spending 17.8 percent of our gross domestic product, 50 percent to 90 percent more than Western European nations, the U.S. has lower quality, efficacy, efficiency, and by far, the least universal coverage, with 16 percent, or 50 million people, uninsured."
http://www.healthcare-now.org/us-healthcare-most-expensive-still-not-the-best
http://www.politifact.com/truth-o-meter/article/2012/aug/23/did-republicans-vote-end-medicare-we-know-it/
"................Ryan’s plan is certainly a significant change to the current Medicare program. But is it dramatic enough to say it "ends Medicare as we know it"? We talked to health policy experts to round up the arguments both for and against.
Yes, it ends Medicare as we know it
Several analysts we spoke with compared Ryan’s plan for Medicare with the trend of moving workers away from pensions and toward 401(k)s, changing the program from a defined benefit to a defined contribution."