Why do liberals want U. Health Care, since Medicare/Soc. Sec already has $101 Trillion in unfunded liabilities?
We can’t afford it.
The following is an article published in the Washington Times back in October 2008:
This past spring, the Social Security Trustees released their annual report on the state of the Social Security and Medicare programs. The report on the state of entitlement programs is rather grim – the combined unfunded liabilities of both programs are a $101 trillion!
This means that to pay promised elderly entitlement benefits to our old folks into the future, we must have $101 trillion in the bank today gathering interest. This is the amount above and beyond what dedicated payroll taxes and general revenues will cover. Putting it in perspective, the cost of this unfunded liability amounts to more than $300,000 for every man, woman and child in America.
http://washingtontimes.com/news/2008/oct/07/a-101-trillion-sleeping-giant/
If we go bankrupt, nobody will have health insurance under the government plan.
I suspect you haven’t been paying too much attention to reality and have been watching Fixed Noise too much. HR 3200 is in NO way, shape or form “universal health care”. So, please try and keep up…
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