DRUGS FOR THE ELDERLY, TAXES FOR THE CHILDREN - Fox News

Fox News ^ | June 17, 2003 | By Chris Edwards

[Uncle Bill]

In just five years, a demographic tidal wave will begin that will forever alter the federal government. The large baby boom generation (search) will start retiring and cause the costs of Social Security (search) and Medicare to explode.

Unfortunately, Congress seems blissfully unaware of the coming crisis as it works to create another elderly entitlement in the form of a $400 billion Medicare prescription drug benefit.

[texastoo]

Good article. That is where it is . Our children and grandchildren will pay for this. Their freedom is gone.

[Uncle Bill]

BTTT

[Uncle Bill]

Our children and grandchildren will pay for this.

Yep. And what's laughable is these selfish socialists say they care about the children. Now that's a knee-slapper.

[nutmeg]

FoxFan ping!

Please FReepmail me if you want on or off my infrequent FoxFan list.

[gg188]

At the signing ceremony for the new Medicare program in 1965, Lyndon Johnson said that "no longer will young families see their own incomes, and their own hopes, eaten away simply because they are carrying out their deep moral obligations" to provide for their parents

LBJ's words here have to be one of the classic examples of liberal bull-s__t. Half the population then, as now, would not ask or understand who pays for Medicare, as these people don't understand that government has no money, that it can only get money from people who create wealth---either through confiscation (taxation) or through simply printing more money (thereby diluting the value of money and invisibly co-opting the value of the dollars in each person's pocket or bank account, transferring a part of each dollar's value to the money it's printing and distributing via Medicare or whatever.)

The sad part is that there are even more people today that don't get it than in '65.

Probably the single best thing that could be done would be to teach young people straightforward lessons in economics and civics.

Damn---it's late, and I'm dreaming, ain't it?!!

[nunya bidness]

Big ups for you UB.

[MinorityRepublican]

Probably the single best thing that could be done would be to teach young people straightforward lessons in economics and civics.

Not all hope is lost. There's some reason for hope.

We aren't as decadent as the Baby Boomers were(are) but unfortunately our numbers are too few to make any significant impact in the next couple of decades.

Thanks to Roe vs. Wade.

[eeman]

While I am happy that Bush won the election rather than Gore, I am becoming increasingly disgusted by the GOP. Certainly Bush's leadership in the Irag war, (err battle) was masterful. However to counterbalance that we have:

1. An increase in government spending in multiple areas such as education, agriculture. If Clinton had proposed this much increase in federal expenditure, the GOP would be howling.

2. Promoting a drug program that will be the biggest realtive increase in federal spending in 40 years It will become a HUGE financial liability in twenty years.

3. Willfully ignoring our immigration problem and our borders.

4. Failure to sucsessfully nominate a single conservative judge at circuit court level.

5. Signing the Campaign Finance Reform bill.

6. Steel tariffs

Flame me if you want, but IMHO, Bush is becoming our version of LBJ, with the exception of not trying to micromanage the Irag campaign.

I have voted straight Republicn for 20 years. After the 200 elections, I was one of the weekend protestors, I gave money in the 2000 and 2002 election cycles. However, I think the 2004 campaign will find me sitting on my hands with the checkbook closed

[Uncle Bill]

"The sad part is that there are even more people today that don't get it than in '65."

When I first read those LBJ comments, my first thought was, Bush could say those words tomorrow, the brainless would swoon, and say to themselves, thank goodness, somebody cares for us. He's doing this for us. This is a great thing.

[eeman]

Getting late, realtive=realtive, Republicn=Republican

[Uncle Bill]

"However, I think the 2004 campaign will find me sitting on my hands with the checkbook closed"

Believe me, you're not alone.

Click me

[Uncle Bill]

Hey, hi nunya, hope all is well. 8-)

[nunya bidness]

Everything is great. Always a pleasure to see you name in the latest posts page.

[Uncle Bill]

Thanks much.

[Stopislamnow]

Me too, me too.

We have been boondoggled and shysted by almost every repub in govt.

Massive public school funding.
AWB Non support.
Border security.
Tax welfare.
Drug/medicare.

I will hold my nose, and pull the pub lever. I won't neccessary like it, and I sure as hell won't contribute or help with campaigns this time.

[Free the USA]

http://www.freerepublic.com/perl/bump-list

[JudgemAll]

A solution to this will have to keep old people in business. There is no other way.

[Huck]

This has been looming for a long time. That was part of the rationale for the "Gen X" tab--that we were demographically outnumbered and would have no political power to resist the boomers as a bloc. This guy starts his article talking about a tidal wave of boomers, and then suggests a much smaller group of people can "put pressure" on Congress. Not bloody likely. Nevermind the fact that many young people vote like morons. If they vote.

[snopercod]

I bash the AARP every chance I get. Damn commie organization...