Social Security, Medicare and Medicaid Prospects

                   

By 2050, Social Security, Medicare and Medicaid, will take up nearly the entire federal budget, if it remains on its present course. By 2080, Medicare alone will comprise the entire federal budget. This projection is unsustainable. There will have to be some changes done by politicians in office.

                       

But the impending debacle does point up the stupidity of those 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 have never encountered such financial problems before.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)