*via votocracy
Great ironies are playing out in Washington over congressman Paul Ryan’s (R-Wisconsin) call to reform entitlement programs. Conservatives, including Ryan, are arguing that the wealthiest Americans should see deep cuts in their Social Security and Medicare benefits — or outright elimination of them — while Democrats are arguing that even the richest of the rich should receive their share of those programs. Even socialist congressman Bernie Sanders (S-VT) is in on the act, defending the wealthy against “entitlement” cuts.
This is a healthy conversation, and it’s getting more interesting by the day.
I’m with you on this. I think the ceiling should be pretty high though, like $5m – $10m. With lousy interest rates, that kind of wealth doesn’t get you what it used to.
Here’s a list of countries we should be aspiring to resemble and for the reasons listed.
http://www.huffingtonpost.com/2011/06/01/top-ten-countries-with-work-life-balance_n_868224.html#s285262&title=10_France
Funny, I philosophically agree with Sanders on this, but reality is here. I’m in for the cuts. And yes. High threshold.