Tag: Medicare

The Poverty Line

It is fashionable to say that society must solve the problem of poverty.  But how? Redistribution of income, voluntary or coerced, is never the solution.   LBJ’s War on Poverty proved that government interference only served to prolong and intensify the…

More Bad News for Seniors

The Social Security and Medicare Trustees have issued their annual reports detailing the financial state of America’s two largest programs. The reports echo past conclusions: Social Security and Medicare are still going bankrupt. According to the report, the combined (retirement…

There Is No Trust – There Is No Fund

“Political language is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind.” George Orwell Speaking of lies, any politician who tells you there is a Social Security Trust Fund or…

Is the National Debt Really That Bad?

Recent data from the U.S. Treasury shows that the government has amassed $84.3 trillion in debts, liabilities and unfunded Social Security and Medicare obligations, or $670,000 for every household in the U.S. This fiscal burden equals 93% of the nation’s…

Obamacare’s War on Seniors

The President’s health care law raids $700 billion from Medicare, with more than $300 billion of that being taken from Medicare Advantage. Seniors across the country are already feeling the effects of these cuts with up to $2,000 in increased…