HOPE FOR TOMORROW
The United States will soon face an economic storm of immense proportions created by a Congress, who for decades have made promises that they cannot fulfill. They have engaged in a process of buying votes in the present while postponing future financial needs. The baby boom population (78 million people) is approaching 65 and will be asking for Social Security benefits and Medicare benefits that are underfunded. In addition, the states have the responsibility to provide nursing care for the elderly who are impoverished. This system is called Medicaid. It too is largely underfunded. (more…)
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