http://news.bbc.co.uk/2/hi/business/8047355.stm
This announcement of SS and Medicare "shortcomings" looks rather suspicious. There will be no "shortfall" if the current cap on SS and medicare is increased or better yet, altogether lifted. So why the scare? I doubt SS privatization in the aftermath of the stock market crash will be very popular, but otoh it will offer a lifeline to financial corporations, and those people will stop before nothing to get their bottom line, so it is not far-fetched to think that they will try to pull something here.
Any thoughts?
Wojtek