Congressman Spencer Bachus told the Tuscaloosa News that he believes Social Security will be running a deficit within two years.

TUSCALOOSA | Social Security could face a deficit within two years, according to U.S. Rep. Spencer Bachus who met with The Tuscaloosa News editorial board Tuesday.

“The situation is much worse than people realize, especially because of the problems brought on by the recession, near depression,” said Bachus, R-Vestavia Hills, in an interview with the Tuscaloosa News editorial board.

Bachus, the ranking member of the House Committee on Financial Services, said most people seem unaware of the impending crisis. He initially said Social Security could face “default” within two years, but his staff responded later saying the Congressman intended to say “deficit.”

“What this recession has done to Social Security is pretty alarming,” he said. “We’ve known for 15 years that we were going to have to make adjustments to Social Security, but we still thought that was seven or eight years down the road. But if things don’t improve very quickly, we’re going to be dealing with that problem before we know it.”…

…As for the looming Social Security crisis, Bachus said solutions are beginning to be discussed.

“We could raise the retirement age, or in the worst case, cut back on some benefits,” he said. “But that is something we are just now beginning to get a handle on.”

If the government can’t run social security, why should we trust them with our health care?  If Social Security benefits may be rationed (by raising the retirement age or cutting back on benefits), could a similar situation develop if the government ran health care?  When did Americans start thinking the government can solve all of their problems?

Related posts:

  1. More Evidence of Government Rationing of Health Care
  2. Canadian Health System in Vancouver is Cutting Back on Number of Surgeries
  3. Sorry, No Health Care for You part 2
  4. Obama Considers a Spending Freeze

4 Responses to Why Should These People Have Control of our Health Care?

  1. Matt says:

    This was a great post. It got me thinking.

    The concept of the government “solving” (LOL)all the problems of the world crept in over time. With every new program, every new entitlement, the public gradually became accustomed to the government solving the ills of the world. The fact that the government seemed to make all of these problems worse? Well, that was neglected. After all, the government is taking care of it-I don’t have to worry about it, right?

    Then, there are the clients of the government-those who are hooked on the government drug. They don’t want their hands to be taken out of the pockets of others. so why would they get off the gravy train?

    So, the government runs social (in)security into the ground. It’s a ponzi scheme anyway. They create the fraud and waste infested medicare and medicaid programs, they can’t pay out on cash for clunkers, they screw up and cause our current recession with the CRA and by ignoring all of the warning signs that Fannie and Freddie were about to implode. But health care, they’ll get that right, won’t they?????

  2. jwruss says:

    Another question: How do we get people to realize the government hasn’t taken care of them in the past and can’t take care of them in the future?

  3. You hit upon an excellent point Sir. People have to start seeing the government as utilitarian, designed for a specific purpose. It is not the antigen for all of our ills.

  4. “Another question: How do we get people to realize the government hasn’t taken care of them in the past and can’t take care of them in the future?”

    If I may be so bold as to answer this question. Education and communication are absolutely vital in transforming perception, ignorance has to be replaced with knowledge and facts. By reading this blog it is a great start, then tell your friends to read it – then so on and so on. Become actively involved, even if your participation is minimal at first. Truly this is no longer about Democrats vs. Republicans, it’s about Statism vs. Liberty. And losing, is not an option.

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