You Can’t Handle The Truth!

You can't handle the truth

America Can't Handle The Truth

Let these numbers sink in for a minute …

[From USA Today Article] Starting on Saturday, Baby Boomers begin turning 65 and qualifying for Medicare — one every eight seconds. A record 2.8 million will qualify in 2011, rising to 4.2 million a year by 2030, projections show.

In all, the government expects 76 million Boomers will age on to Medicare. Even factoring in deaths over that period, the program will grow from 47 million today to 80 million in 2030.

At the same time, health care costs are projected to outpace inflation, and medical advances will extend lives, straining the program’s finances. It’s expected to cost $929 billion by 2020, an 80% increase over 10 years.

Is there a better example of the lack of true political leadership in the United States than this?  Neither Democrat nor Republican can claim they have been confronting these brutal facts.  Rather, each group sticks their finger in the air and responds to the political winds.

Are there any real (and digestible) plans to address the tsunami?  Anyone?

Social Security brought to its knees

Booming Senior Citizen Population Will Bring Social Security to Its Knees: Deficit Committee

Significant changes in seniors’ security blanket program detailed by committee in ‘The Moment of Truth’ report

By Tucker Sutherland, editor, SeniorJournal.com

Dec. 3, 2010 – Most of the initial reactions to the proposal on December 1 by President Obama’s special committee seeking ways to reduce the U.S. deficit focused on changes to Medicare as being the most dramatic of the adjustments recommended. Medicare, no doubt, is critical to senior citizens but the program closer to the hearts of millions of seniors is Social Security – the security blanket. The committee’s report does urge drastic changes in this program to and says unless the nation acts the booming number elderly will “bring the Social Security program to its knees.”

Read the rest here.