The average 56-year-old couple pays about $140,000 into the Medicare system over a lifetime and receives about $430,000 in benefits back. The program is also completely unaffordable. Medicare has unfinanced liabilities of more than $30 trillion.
This is such a great article….more nuggets:
Some Democrats simply want to do nothing as Medicare careens toward bankruptcy. Last Sunday on “Face the Nation,” for example, Nancy Pelosi said, “I could never support any arrangement that reduced benefits for Medicare.”
Democrats generally seek to concentrate decision-making and cost-control power in the hands of centralized experts.
Republicans at their best are skeptical about top-down decision-making. They are skeptical that centralized experts can accurately predict costs. In 1967, the House Ways and Means Committee projected that Medicare would cost $12 billion by 1990. It actually cost $110 billion.
It’s sad that medicare is such a massive problem and yet politicians are not forthright about the size and scope of the problem.
Mothers We Can All Help
By United Nations estimates, 215 million women worldwide have an “unmet need” for family planning, meaning they don’t want to become pregnant but are not using effective contraception. The Guttmacher Institute, a widely respected research organization, estimates that if all the unmet need for contraception were met, the result would be 94,000 fewer women dying of pregnancy complications each year, and almost 25 million fewer abortions each year.
This makes the case for charitable US foreign aid…and I agree… we should help. We are citizens of the world. It’s not that much money to help women in poor countries get the condoms they need. It’s not our responsibility alone - we should work with other countries to make this happen.