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To: editor-surveyor

Medicare’s been growing at 9% annually (doubling every eight years) since 1980.

It was $50 billion then.

This year it’s $800 billion.

Eight years from now that trend points to $1600 billion.

Eight years from then it’ll be $3200 billion.

That’s the entirety of this year’s Federal budget. Just for Medicare.

How long do you think that sort of thing is possible?


156 posted on 11/08/2012 7:32:37 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: DuncanWaring

One would have to be able to quantify future revenues to answer your question, but based on the slope of the production curve for natural gas, it could go on for a few decades.

That is not an advocation of the process,its just the way it is shaping up.


158 posted on 11/08/2012 9:39:54 AM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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