Medicare, Medicaid and Social Security Realities

                           

By 2050, Social Security, Medicare and Medicaid, will take up nearly the entire federal budget. By 2080, and possibly earlier, 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 the 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.)