A new vision of freedom -- retirement and healthcare

Two big concerns are retirement and healthcare, and healthcare in retirement when it's most needed. SS and Medicare are going broke, so something must be done. These two issues can be resolved through transitioning both to the private sector -- for most of the population. Those in poverty can be dealt with through the private associations I wrote about earlier.

Let's start with the economy in a society which has a limited government and a free market. You can't sustain SS and Medicare in a society controlled by statism, so, first, the economy has to be freed from government control. A truly free market in this global economy would attract foreign investment from around the world, and prosperity would be off the chart -- we'd be in a position to compete with China and we'd do very well, to say the least. Releasing American entrepreneurs to develope lifetime insurance/savings plans would bring forth innovative offerings covering retirement, health, college, unemployment, disability and every other life-need or emergency.

Society would get the message that upon the birth of a child a comprehensive life-needs policy would be immediately taken out -- there's practically no end to the creative possibilities of these policies and what they could cover, depending on how comprehensive the purchaser desires them to be, and what they can afford.

But before going further, it needs to be said that societal mental-models would need to change, so that people are educated to not depend on government, but to plan from the beginning. It would be considered totally irresponsible to have a child and not have a policy. Social pressure and advetising would beat this meassage home, so that people would be taking a huge risk having a child without a policy. Parents would teach their children as they grow that it's an automatic purchase to get a policy when having a child. The benefits of getting a policy would be so great, and it would be advertised as such, that people would want to get the policy -- it wouldn't be seen as a wasted cost, but a necessity with great returns when needed.

These types of private sector arrangements would work for the majority of people and would prevent the government from going so far in debt social services are threatened. These types of arrangments would spur the economy with savings and investment -- private watchdog groups could certify each company each quarter or so to insure financial soundness. Transparency will be the key to confidence. It will be in the interest of the companies providing the policies to maintain healthy finances and open communication.

The only obstacle to making this transition from SS and Medicare to private policies will be government fighting to maintain power and control -- this is not a legitimate obstacle, and we can remove the obstacle.