We can't afford it. Period. We as a nation are already so beyond bankrupt it's almost laughable if it wasn't so incredibly terrifying. Our unfunded liabilities by some estimates exceed $100 Trillion. That's about $300,000 PER AMERICAN! Our politicians are truly living in fantasy land. In 1965 when Medicare was enacted, it was estimated that by 1990 it would be costing about $9 billion/year............uhhh...no....try $67 billion. We know our government cannot be trusted to be fiscally responsible, yet we as a nation are considering allowing it to run our healthcare?
On the official site of the congressional budget office you will find their long term budget projections by clicking here: http://www.cbo.gov/doc.cfm?index=10297 , then click on PDF or whatever file. Not an exciting read, but a terrifying one for sure.
Another interesting read is an article from back in 2000 discussing the possible expansion of Medicare, which of course did happen. Well researched and worth reading:
http://www.forhealthfreedom.org/Publications/MedicareMedicaid/RxDrugPlan.html
Bottom line. The quality of healthcare in this country will decline (see the UK for more details), and it will cost us through the roof. Enough said. JRD
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment