Medicare

August 13, 2012 — John Hinderaker

The Ryan Plan Vs. the Obama Plan

Featured image Democrats have been quick to pounce on Paul Ryan’s budget, which was enacted by the House of Representatives and incorporates significant entitlement reform. The Democrats, of course, have no budget at all–astonishingly, they refuse to adopt one. They have no plan for entitlements other than to allow them to go bankrupt and, presumably, be repealed by Congress. The Democrats apparently believe that most voters prefer no plan to salvage unsustainable »
April 24, 2012 — Paul Mirengoff

The Coming Medicare Calamity

Featured image The Medicare Trustees released their annual report yesterday. Today, at a conference hosted by the American Enterprise Institute, Medicare’s chief actuary, Richard Foster, summarized the Trustees’ report. The picture isn’t pretty. The report projects that the Medical Hospital Insurance trust fund will run out of assets in 2024. But, as Foster explained, even this dire projection is almost certainly too optimistic. That’s because the projections are based on changes to »
April 6, 2012 — John Hinderaker

Do You Want to Save Medicare?

Featured image I don’t, actually. I think Medicare was Congress’s great blunder of the 20th century. I think the program will continue bleeding money until it bankrupts the United States of America and destroys our economy, in roughly 15 years. And it will be popular right up to the end, as long as people perceive that they are getting something for nothing, or–same thing–a lot for very little. So in my view, »