Posted on 12/17/2007 1:11:03 PM PST by NormsRevenge
Think you are right, but Part B is only part of the problem. The rest is the skyrocketing cost of healthcare in general. It is hard to judge the eventual cost of benefits when healthcare costs continue to rise rapidly.
Another government example which most here won't argue with is military medical care. The annual DOD budget is around $500 billion, but last year the military spent $87 billion of that on medical care. That is a huge chunk of the DOD budget.
The ugly part will be the solution. I don't know about the rest of you, but I don't want any part of socialized medicine like Canada or the UK. That stuff can kill you.
No, you have that inside out. GWB threw his base to the wolves on immigration. He had plenty of defenders here on FR, me included right up to the point he slipped the amnesty knife in our back.
Xer Ping
Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effects Generation Reagan / Generation-X (Those born from 1965-1981) including all the spending previous generations are doing that Gen-X and Y will end up paying for.
Freep mail me to be added or dropped. See my home page for details and previous articles.
What’s the Spanish word for Euthanasia?
In twenty years you will be lucky if you can get anything
from the govt - including totalitarian health care.
I think people will be more worried about safe drinking
water etc then.
1) It was built on a principles that were suspect at the time.
2) It has been raided and abused over the years.
3) Politicians REFUSE to own up to the problem out of selfish reasons. (See Republican majority under Bush Admin.)
4) Today many states and governors are greatly expanding health care coverage to middle class kids by using Medicaid.
It will likely be in our lifetime that we will witness the great train wreck and there will be much weeping and gnashing of teeth from those who will not be able to participate in the great government/politician vote buying scheme.
Translation: Because we are spineless slugs we need someone else to do the heavy lifting!
Sure we can sell everything, but we have already borrowed all the money on the planet so nobody could buy it unless we loan it back.
Again, it’s Medicare and interest that are the real problems, not Social Security. The “estimates of the present value of future expenditures, in excess of contributions over a 75-yr period” for Social Security is -$6.7 trillion. Not chump change for sure, but for Medicare it’s -$34.1 trillion!
The budget for the United States of America will be paid out of the Social Security fund for the next four years. The entire budget foreign aid (which we don’t need), our military budget, education, infrastructure and welfare, that’s why we don’t have any Social Security future. That money should have been left untouched in a lock box. Someone before me mentioned the money we were going to give the Palestinians, hell I don’t want to give anybody any money until the needs of all legal American citizens are met. Not Africa, not North Korea, not South America, not Russia, nobody. If America would stop trying to support the world our financial house would be in order.
Are you suggesting the "bi-partisan commission" known as the Congress of the United States isn't up to the task? More delaying tactics from our elected officials.
75 years from now we may all be either collecting berries and seeds or living in a Matrix reality simulator.
BTW, Bush’s Medicare drug plan is -$8.3 trillion of those future Medicare expenditures. That’s more than Social Security.
That's a lot of money!
bump
The Gummint had best buy some more printing presses.
Your post made me laugh!
Aside from proving yet again that nothing the Left claims is to be taken at face value, the Left itself would not give General Motors or Enron any slack it it should make promises to its employees that it could not keep. Yet, that is exactly what must happen as the country finds itself in a financial bind because of careless and foolish socialist obligations that previous Administrations and Congresses have chiseled into the stone of federal law.
The coming bill is “for the children”.
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