Social Security and Medicare
LETTER IN THE NEW YORK
Reducing Social Security and Medicare will not save money. It
is penny- wise but pound-foolish to opt for treating advanced
illnesses, epidemics, and malnutrition that could be avoided by
less costly preventative care, early treatment, and affordable
medications and food.
The proposal by Alan Greenspan, the Fed chairman, is an
expensive pass-along that will burden local and federal
governments and the children of aging parents. Apart from
lacking compassion, such fiscal plans are as illogical as
thinking that astronomical budget deficits caused by $1.7
trillion in tax cuts will improve life for most Americans.