I know, I am sure my post here will seem cruel to the elderly and the disabled, and of course Obama’s ILLEGAL ALIENS who are in fact using Medicare and all other programs-but let’s be frank-Medicare is busted, unsustainable, in the red, bankrupt, full of fraud/waste/abuse just like EVERY SINGLE ENTITY the government has its hands int.
I dare you to find just ONE government entity that is not in the red, full of fraud/abuse/waste and runs efficiently. Please try before I turn 80, which will be in less than 45 years from today!
United States has an estimated 308,745,538 citizens as of 2010
as of 2010, there were 71 MILLION people enrolled in Medicaid and 46 million enrolled in Medicare, which is 1/3 of the population that is enrolled in GOVERNMENT Funded health Care……..
- Ronald Reagan, as part of Operation Coffee Cup in 1961, stated that: “[I]f you don’t [stop Medicare] and I don’t do it, one of these days you and I are going to spend our sunset years telling our children and our children’s children what it once was like in America when men were free.”
- George H. W. Bush, while a candidate for the US Senate in 1964, described Medicare as “socialized medicine.”
- Barry Goldwater in 1964: “Having given our pensioners their medical care in kind, why not food baskets, why not public housing accommodations, why not vacation resorts, why not a ration of cigarettes for those who smoke and of beer for those who drink.”
- In 1995 Bob Dole stated that he was one of 12 House members who voted against creating Medicare in 1965. “I was there, fighting the fight, voting against Medicare … because we knew it wouldn’t work in 1965.”
FACT: The US’s ILLEGAL ALIEN population is equal to at least HALF of ALL of Canada’s population.
FACT: Those on Medicare alone in the US total 10+ MILLION more than ALL of Canada’s population. In Fact, as of June 2010, there were approximately 47,348,255 Medicare enrollees.
FACT: Medicare operates similarly to a single-payer health care system and we see what an abysmal failure the government has turned Medicare into not to mention the fact that it is the LARGEST expenditure for the US’s annual budget.
FACT: Medicare spending is growing steadily in both absolute terms and as a percentage of the federal budget. Total Medicare spending reached $440 billion for fiscal year 2007 or 16% of all federal spending and grew to $599 billion in 2008 which was 20% of federal spending. In 2010, Medicare spending grew to $703 billion which was 23% of fedeal spending.
FACT: According to the 2008 report by the board of trustees for Medicare and Social Security, Medicare spent more than it brought in from taxes in 2008. The Medicare hospital insurance trust fund will become insolvent by 2016.
The present value of unfunded obligations under all parts of Medicare during FY 2009 over an infinite horizon is approximately $36 trillion. In other words, this amount would have to be set aside today such that the principal and interest would cover the shortfall assuming the program continues indefinitely.
“The New York Times wrote in January 2009 that Social Security and Medicare “have proved almost sacrosanct in political terms, even as they threaten to grow so large as to be unsustainable in the long run.”
Further, the CBO also projects that “total federal Medicare and Medicaid outlays will rise from 4 percent of GDP in 2007 to 12 percent in 2050 and 19 percent in 2082—which, as a share of the economy, is roughly equivalent to the total amount that the federal government spends today. The bulk of that projected increase in health care spending reflects higher costs per beneficiary rather than an increase in the number of beneficiaries associated with an aging population.”
***Puerto Rico Spends more on Medicare than 25 States and the District of Columbia….***
|State||Total Number of Medicare Beneficiaries 2010|
|District of Columbia||$77,413.00|
Why are the Virgin Islands, Puerto Rico and Guam enrolled in Medicare but NOT SS? If they are paying into the systems, then they would be paying into both-no? And if they are not, then why are Tax Payers paying for THEIR Medicare?
Total Medicaid Spending, FY2009
|Full Title||Total Medicaid Spending FY2009|
|District of Columbia||$1,626,139,477.00|