Tuesday, February 3, 2015

Dismal Future for Medicare, Medicaid and Social Security


                                   
By 2050, Social Security, Medicare and Medicaid, will take up nearly the entire federal budget. By 2080, Medicare alone will comprise the entire federal outlay.
                       
There will have to be drastic corrections done by our politicians but many  defer taking on the problem.

It does point up government stupidity created for us, our children and grandchildren.There has been made a bankrupt system for us and our descendants. Solutions can only involve less services, reduced benefits, rationing and higher taxes, as well as inflation we have never experienced before. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

                       

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