Wednesday, May 13, 2009

Report Warns of Insolvency for Social Security, Medicare - washingtonpost.com

Sure wish the darn previous administration has tried to address this issue.

No problem, however, we have lots of money left over after the 3 trillion dollar budget with a deficit of 1 trillion (borrowing one dollar for every three we spend). We don't have any money left after "O" used the treasury to pay off all his "supporters"? I know...Bush made him do it!

He has bankrupted this country.

And the new Liberal mantra...and this is a really good one...Government health care is more efficient than private health care. Subject for a different post.

2 comments:

Baxter said...

The Bush Administration did NOT address the solvency issue, as they reluctantly admitted. That is one of many reasons it failed.

Dubya tried to dismantle Social Security - not reform it - and that was the beginning of the end for GWB.

Baxter said...

Does the Good Doctor appreciate the irony of his complaints here? It was almost exclusively Republicans that brought us our $10T debt and left our new president with a $1.3T deficit and a collapsed economy. Then, not four months into the job you blame the new guy for bankrupting Medicare and Social Security!?

You have got to be kidding. That is beyond all reason. I am shaking my head as I write this...