ProphetJoe

Was it good for you? This reminds most older Americans of the 1965 Medicare legislation — most Americans wanted something to be done, but a large portion didn’t want the legislation that the Democrats rammed down our throats. Back then the CBO estimated the cost of Medicare in 2010 would be $60 billion. The actual costs today — $480 billion. Ooops, off by a factor of 8x…

Just like then, most Americans wanted some changes to the system, and just like then, we got screwed by a bad plan (and please don’t tell me that you’re one of the small percentage of people who DON’T see anything wrong with the current Medicare system) that will leave our kids and our grandkids in deep debt. Oh well, I guess most Americans now are so deep in (personal) debt that they just don’t see, or care, about balanced budget and accountabilty…