"
Each day, 10,000 baby boomers retire and begin receiving Medicare and Social Security benefits. And while five workers supported the benefits of each retiree in 1960, there will be only two workers funding each retiree by 2030."
Those who dismiss long-term budget projections should re-read the last paragraph. The retirement of 77 million baby boomers into Social Security and Medicare is not a theoretical projection. Demography is destiny.
ObamaCare is also driving spending upward. According to the CBO, over the next decade, ObamaCare will be the single largest driver of rising health-care spending. (read the whole thing by entering on Google --> "Heading Off the Entitlement Meltdown")
 |
| "Some day, all this will be yours" |
