I have been screaming this for years now...but most are not willing to listen. If you think our current economic issues are bad, keep an eye on this one!
David Walker (Former Comptroller of the Federal Govt.) is still screaming at the top of his lungs...
If you are interested here is his prediction:
"By the year 2030 our federal revenues will be totally consumed by four things: Social Security, Debit Service on our National Debt, Medicare and Medicaid." That means no defense dollars, no highway dollars, no nothing.
The Medicare/Medicaid expense is five times the size of the Social Security problem.
Here he is on 60 Minutes over a year ago:
http://www.youtube.com/watch?v=OS2fI2p9iVs
One of the major reasons that I backed Hillary was her approach to reforming health care. Obama says he is going to work on health care early in his administration. But his approach is much less pervasive that the approach Hillary proposed.
Get educated...this is the 900 lb gorilla on the horizon...
David Walker (Former Comptroller of the Federal Govt.) is still screaming at the top of his lungs...
If you are interested here is his prediction:
"By the year 2030 our federal revenues will be totally consumed by four things: Social Security, Debit Service on our National Debt, Medicare and Medicaid." That means no defense dollars, no highway dollars, no nothing.
The Medicare/Medicaid expense is five times the size of the Social Security problem.
Here he is on 60 Minutes over a year ago:
http://www.youtube.com/watch?v=OS2fI2p9iVs
One of the major reasons that I backed Hillary was her approach to reforming health care. Obama says he is going to work on health care early in his administration. But his approach is much less pervasive that the approach Hillary proposed.
Get educated...this is the 900 lb gorilla on the horizon...