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To: JoeGar
How can you tell Medicare is wasteful? Just watch the TV ads for “free” electric scooter-chairs, “free” diabetes supplies, “free” oxygen supplies, etc.

My dad received a free scooter even though his doctor would not approve it. He really has no need for it because it is too big inside the home and he does have a van to put it in. The cost was covered by Medicare and his GE health care. What a waste!

The problems with Medicare are much deeper than wasteful spending. Medicare and Social Security are generational Ponzi schemes. The tsunami of coming retirees will overwhelm these programs. A combination of massive tax increases and benefit cuts are coming. Health care will simply not be available to the elderly in 20 to 25 years as it is now available. Hopefully other countries will have excess capacity that can be utilized assuming the dollar does not collapse.

I cannot understand why the boomer generation has not revolted about the coming disaster in entitlements. The greatest generation has refused to allow changes to fix these programs. Privatization, personal savings, and lower taxes were the only answer. It now seems too late to avoid a disaster.

7 posted on 04/29/2008 7:32:21 PM PDT by businessprofessor
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To: businessprofessor
I cannot understand why the boomer generation has not revolted about the coming disaster in entitlements.

Because they are being fooled...

They think they can see the finish line just ahead...but the government is just going to keep moving the finish line further away as they approach...there are going to be some very unhappy people in the next decade or so.

12 posted on 04/29/2008 7:55:51 PM PDT by Ethrane ("semper consolar")
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