Healthcare costs have increased as consumers directly finance an even smaller percentage of their healthcare expenses, enabled by an inefficient government.
You can’t argue in favor of the government giving everyone a guaranteed basic income, yet trash taxpayers who finance the lion’s share of redistribution.
Yesterday’s column was a look back on the good and bad things in 2016. Let’s now look forward and hope for the good and bad things that may happen in 2017.
Trump can’t ignore a debt bomb from what is a built-in mathematical result of poorly designed entitlement programs combined with demographic changes.
In 1962, defense spending represented more than 50% of the federal budget, but are now less than 25%. Entitlements have increased. So, who’s to blame?
The question remains if Donald Trump will address Medicaid reform as part of an overall proposal to block-grant all means-tested entitlement programs.
The burden of government spending is already excessive. But the numbers will get worse if Medicare and other entitlement policy is left on autopilot.
Foes and supporters of Medicare and Social Security have long tried to corral resentment against baby boomers to weaken public support for these programs.
Because the program is the federal government’s one-size-fits-all health program and it is poorly designed and operated, Medicaid fraud is rampant.
Not all birthdays are a cause for untrammeled joy, and for those who follow it the fact that Medicare is now 50 years old is hardly a cause for celebration.