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	Name:	MartiniMan -
	Subject:	You are right
	Date:	9/9/2009 8:38:33 AM

The unfunded deficit in Medicare was estimated by the GAO to be ~$28 trillion. See below from the pmsNBC website during the Bush administration:

"A looming Medicare shortage is seven times the size of the one that Social Security faces and nearly four times the entire federal debt. It is not being addressed by President Bush and Congress, and, to some, that is just as well.

Social Security, which Bush has hoisted atop his domestic agenda, is $3.7 trillion short of what it will need for benefits over the next 75 years, under the latest federal projections. Medicare, the health care program for the elderly, must find an estimated $27.8 trillion."

But in response to that we need to turn over the rest of health care to the government. It boggles my mind that liberals can even believe this is a good thing but that is emotion overwhelming all sense of intellect. They keep talking about the rising cost of health care without mentioning that government programs are a big contributor to the rising costs as 110 million Americans already get their health insurance partially or completely through the government. And it is quickly headed to insolvency.

Imagine if I told you to invest in my company and over the next 75 years I planned to have costs that exceeded my revenue by $28 trillion. You would think I was nuts but that is exactly what Obamacare is asking. It is no wonder the more people learn about this the more they oppose it.

Other messages in this thread:

View Entire Thread

Right Supports Single Payer - GoneFishin - 9/8/2009 12:23:16 PM

Politics and Political Suicide - MartiniMan - 9/8/2009 12:40:27 PM

As I recall, medicare is - alahusker - 9/8/2009 8:38:37 PM

As I recall, medicare is - Tall Cotton - 9/8/2009 9:21:14 PM

You are right - MartiniMan - 9/9/2009 8:38:33 AM

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