What is this going to do to our debt when the retired baby-boomer numbers continue to grow with fewer and fewer workers contributing to the coffers? CBO say Medicare and Medicaid will rise from 4.4%% of the GDP to 10.2% in 2040.
Let’s see, they’ve already told us that Social Security will be broke, Medicare and Medicaid will be unfunded and now we will have a third entitlement we won’t be able to pay for.
What are we doing to our children?
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