Future Costs of Medicare, Medicaid and Social Security

It’s estimated that 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.

This projection is impossible to sustain. So there will have to be patching done by our politicians along the way. But it does point up the path of stupidity by government today, set forth for us, our children and grandchildren.

They have created 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.

Yet, too many Americans consider this treatment “business as usual.”