Monday, January 30, 2012

Like Medicare entitlement programs grow and grow

Everyone knows that if this nation has a chance of surviving spending must be reduced.  Obama made our situation much worse but excess spending on entitlements did not start with him.  Once a program begins it always grows out of control. Take for example medicare:

At its beginning in 19666 Medicare cost $3 billion with estimates that a quarter century later it would cost $12 billion. But in 1990 Medicare topped $107 billion.  Today's Medicare comes to $523 billion and shows no sign of leveling off.

We admit the program has much waste and fraud, but who is going to cut it?  What about social security and Medicaid?  We can talk about the dire necessity of making cuts, but who has the guts to do it?

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