- Brian Ross
- Boca Raton, FL
- United States
Publisher & Editor-in-Chief , TheRossGroupFT LLC
This conversation is closed.
Put the collection of health care and retirement funds at U.S. Treasury and use funds to lend to banks and states for infrastructure.
Keeping health care and retirement savings a function of private funding puts millions of Americans futures not only at the mercy of a corporate America that has demonstrated that it has neither the means nor the the desire to provide for the long-term welfare of their employees, but it also reduces human potential and output when people trap themselves in dead-end jobs to hold on to the promise that they will be cared for when ill, or have a poverty-free retirement.
Universal Health Care and retirement is possible. Workers pay in over their lifetime for benefits. The money would be managed by the Treasury, which should lend the money out to banks prior to use of Federal Funds and to states with infrastructure projects being repaid by municipal bonds.
Public vesting provides the security that 401Ks and other pension plans cannot. It also could provide enough funding for a universal health care system that simplifies the system and puts the emphasis back on care, not collections by physicians and hospitals.
My full thought is at my blog: http://truth-2-power.com/2011/09/07/the-missing-link-to-human-potential-universal-health-care-and-a-real-social-safety-net/