Saturday, March 29, 2008

Medicare Stops the Heart

I was unaware that Medicare went into a deficit this year:
"But if Social Security appalls, Medicare quite stops the heart. We've seen this moment coming for twenty years and done nothing. Now it's here, folks: Medicare goes into deficit this year. For the first time, the general fund will be sending money to the entitlement programs, not the other way around. And that deficit will keep growing, and growing, and growing . . ."
I truly thought we had five or more years before this happened. I guess I will have to move up my strike date a few years. I had planned a general strike on or about 2015 to protest negative cash flows in Social Security and Medicare. I guess I need to rethink the date.


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