12/18/07

Medicare and Medicaid


Social Security is not the problem. There is no Social Security crisis. Social security was fixed in 1983 (thank you President Reagan). The true crisis in the Federal Budget in the coming years is soaring Medicare and Medicaid spending. It can be addressed by comprehensive health care reform. Also, the graph above excludes debt service, which is also a huge problem. Which of the presidential candidates are honestly addressing the actual problems?

For more detail and an even better graphic that includes debt service, check out page nine of this pdf report.

Be wary of those who tell you that "social insurance" costs are spiraling out of control (that's true, due to Medicare and Medicaid), and then propose to slash Social Security benefits as the solution. It is dishonest.

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