http://catstockblog.com/2008/12/jim-cramer-quote-factory/ Caterpillar Inc. (NYSE:CAT) stock news and links Sat, 19 May 2012 11:21:25 +0000 http://wordpress.org/?v=2.6.5 http://catstockblog.com/2008/12/jim-cramer-quote-factory/#comment-10 Grafelfing Fri, 19 Dec 2008 13:49:50 +0000 http://catstockblog.com/?p=252#comment-10 SS is not a real big big problem. The fix will be to increase early retirement to 63 or 64, lower the early retirement benefit, range full retirement to 66, 67, 68 or higher, increase the taxability of proceeds and means test income... that'll take it out to 2100, no problem... the train wreck that's already in town and roaring down the track is Medicare and Medicaid. That problem is ugly, ugly being defined as social unrest. With medical costs consistently growing at 10% pa even in a deflationary economy, the solution is really ugly. Ultimately it will be a dumbing down (way down) of medical care for most of us. Even dumber than the care you can get today in Canada, Mexico and Europe,..e.g. Teddy Kennedy in Europe today would be told he can not enter the emergency room or the hospital. Too Fat and Too Old. Now if he's got the money, (he does), he can go to a private clinic. And that's what he did, he went to Duke! SS is not a real big big problem. The fix will be to increase early retirement to 63 or 64, lower the early retirement benefit, range full retirement to 66, 67, 68 or higher, increase the taxability of proceeds and means test income… that’ll take it out to 2100, no problem… the train wreck that’s already in town and roaring down the track is Medicare and Medicaid. That problem is ugly, ugly being defined as social unrest. With medical costs consistently growing at 10% pa even in a deflationary economy, the solution is really ugly. Ultimately it will be a dumbing down (way down) of medical care for most of us. Even dumber than the care you can get today in Canada, Mexico and Europe,..e.g. Teddy Kennedy in Europe today would be told he can not enter the emergency room or the hospital. Too Fat and Too Old. Now if he’s got the money, (he does), he can go to a private clinic. And that’s what he did, he went to Duke!

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