Future Costs of Social Security, Medicare and Medicaid

It’s estimated that by 2050, Social Security, Medicare and Medicaid, as now constituted, will take up nearly the entire federal budget. By about 2080, Medicare alone will comprise the entire federal budget.

This projection is obviously impossible to sustain. There will have to be some stretching and improvising done by politicians in office as problems ensue.

But the impending fiasco does point up the stupidity of those politicos in office today, who have set forth a path to disaster, for us, our children and grandchildren.

Congress and the administration are creating a bankrupt system for us and our descendants. Solutions will only involve far less services and benefits, with rationing and much higher taxes, as well as huge inflation.

We can expect an experience we have never encountered before.