SouthAmerica: Here is the Republican Party solution for the United States regarding its Medicare and Medicaid programs. Here is what is in store for American senior citizens in the coming years:
Paul Ryan solution on how to fix the Medicare and Medicaid programs
SouthAmerica: Anyone with any common-sense would realize very quickly that Wisconsin Republican Rep. Paul Ryan is a real Moron.
About an hour ago I did watch for a while on C-Span3 a live debate of the House Budget Committee regarding the Republican Party 2013 budget plan.
Wisconsin Rep. Paul Ryan's Republican Party 2013 budget plan announced Tuesday, March 20, 2012 would change Medicare into a voucher-based system, drastically overhaul the tax code, repeal Obama's healthcare reform and scale back many social welfare programs by converting them into block grants.
The Republican 2013 budget plan would cut the Medicaid program by 45 percent, and also would cut 19 million people out from the foodstamp program.
Rep. Paul Ryan is a real idiot, and he probably does not even know what kind of expenses are paid from the Medicaid program related to the ageing American population.
The reality is: the Medicaid program is going to go up because of the number of Baby Boomers are going to explode in the coming years, and many of these Baby Boomers will need the Medicaid program more than ever before.
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On 'This Week,' Paul Krugman Destroys Romney Surrogate, Calls Ryan Plan a 'Fraud'
SouthAmerica: The Paul Ryan's compassionate Republican Party solution to fix the Social Security, Medicare, and Medicaid programs is called Euthanasia.
First Republican presidential candidate Herman Cain had his silly program 999 to fix everything, and now we have Paul Ryan with his program 666 also known as Euthanasia to fix the Social Security, Medicare, and Medicaid programs.
Euthanasia in the United States it would be a simple Republican solution to deal with the problem of a exploding baby boomer generation.
The Republican Party solution: make Euthanasia legal in all states of the United States, and create a simple package deal including all the cost of euthanasia, plus a body cremation, plus the price of a cremation urn.
This simple Republican Party solution it is like killing 3 birds with one stone and it is a simple Republican way to fix the Social Security, Medicare, and Medicaid programs.
Euthanasia Documentary
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U.S. Government To Euthanize Millions Of Americans
SouthAmerica: Regarding the new Ryan/Romney Presidential ticket in 2012 - here is an analysis of Paul Ryan's budget scam.
Capital Account August 13, 2012
The Political Derivative of a Romney-Ryan Presidency in the Kleptocratic Age!
Welcome to Capital Account. Mitt Romney has anointed Paul Ryan as his running mate for his presidential bid in 2012. What does this VP choice really mean for free market capitalism and fiscal reform, the pillars of Mitt Romney's electoral platform? We ask Market Ticker's Karl Denninger, if Paul Ryan really has a plan to reign in the debt, and if Denninger, as a libertarian, is excited about Ryan as a Vice President or if he is just another establishment politician.
Plus, as we see analysis of plans to reign in government deficits, we wonder if any of the plans really do this or if they just shift the costs and fail to address the actual problems? We talk to Karl Denninger, author of "Leverage: How Cheap Money Will Destroy the World," about Ryan's budget, addressing Medicare and Medicaid.
One surprise addition to the Romney-Ryan ticket is Ayn Rand, the supposedly tax-hating, capitalism loving, libertarian-inspiring, objectivist philosopher. Although Paul Ryan has recently publicly distanced himself from Ayn Rand, that's neither here nor there (he is a politician after all). And so, many are dissecting the Rand-inspiration Ryan has cited publicly over the years. We thought we should look at how her objectivist, anti-socialist ideology has manifest itself in Ryan's record so far: Paul Ryan voted for subsidizing the banks with TARP, voted for the prescription drugs in Medicare Part D, and gave a green-light to the Iraq war, which added billions to the deficit he purports to want to cut. How's that for socking it to the government looters and moochers?
SouthAmerica: ...Instead of wasting trillions of borrowed US dollars (borrowed from the other countries around the world) to wage wars around the world the United States government should instead focus its attention and resources to a more important matter related to the future of the United States The Ageing of America.
Looking at strategies to deal with aging America it is by far a better use for all this borrowed money than used it to wage wars in foreign lands.
Why we are at a critical point regarding this ageing issue in the USA?
The issue is critical because the baby boomers those born between 1946 and 1964 began turning 60 this year and are rapidly approaching retirement age. By 2030, the number of people over age 65 in the United States will exceed 72 million double the number in the year 2000. And with possible breakthroughs in science and technologies the number of Americans over age 65 can be even higher by 2030 maybe as high as 75 million people.
The American mainstream media is doing a lousy job as usual and they are not raising the red flag to show to the American people this major shift in population age that is under way.
The mainstream media is not putting the spotlight on this coming problem. Most Americans are not aware of the magnitude of this problem and it is a problem that affects all of us Republicans, Democrats, Independents, Catholics, Protestants, Jews, the rich, the poor, and so on This should be among the major problems to be solved in the coming years and not be a problem that is not even showing in the radar of the Bush administration.
Today the United States has about 39 million people over the age of 65. But by 2030 24 years from now this figure should grow to over 72 million people according to the US Census Bureau.
How is this going to happen?
One day in 2030 we will wake up in the United States and from nowhere the old folks multiplied themselves from 39 million people to 72 million people overnight?
No. Thats not the way that is going to happen.
What is going to happen in reality is that every year from 2006 to 2030 we will have approximately 1.4 million new people over age 65 to add to the number of people already over age 65.
Every single year we have a net gain of 1.4 new old folks to add to this pool of people -(The annual increase of 1.4 million is a net figure that takes into account the new group that turned 65 during the year less the old folks that died during that year.)
The best way to represent what is happening with this age group of people is to show a snow ball going downhill at the top of the mountain we have a very small snowball going down hill - and as the snowball goes down hill the snowball increases in volume very fast as it picks more snow as it is rolling down hill on the mountain. By the time the snowball reaches the bottom of the mountain we have this massive snowball. The snowball grew so much in size with a little bit of snow at the time.
It is bad enough news that the population aged 65 and older is doubling in size between 2006 and 2030, but that is not the entire story there is more bad news.
Research regarding the old folks shows that Medicare expenses increases drastically for the population who is classified as oldest-old (those aged 85 and older) this group of people is supposed to grow from 4.7 million people in 2003 to 10 million people in 2030 and again double to 21 million people by 2050. The latter increase will reflect the movement of Baby Boomers into the oldest-old category.
As we dig it deeper this story gets even more interesting The 1990 census reported that 37,000 Americans were centenarians. The number grew to 50,000 in Census 2000 and it is projected that by 2030 the United States will have over 1 million people on this age category. Centenarians are the folks who are at least 100 years old.
Instead of a simple posting on this message board we can write an entire book regarding the impact that the snowballing of people aged 65 and older will have on the US economy year after year from now on .
It is not going to be a pretty picture.
Most Americans have not realized as yet that this is a train wreck that is coming very soon it is a process that is under way that is not some information that people put together to just scare the population This is the real thing and the figures include all of us that are living in the United States today our parents, our grandparents, our uncles, and all sort of relatives These figures are made of people who are alive and living today in the United States.
Can the United States afford to keep this war going indefinitely in Iraq and costing a fortune in borrowed money, when the United States could use instead these hundreds of billions of US borrowed dollars to prepare the country for the ageing of its population?
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The mainstream media is not doing their job in the US regarding this train wreck, but today thanks to the internet we can do the job for them.
Remember this is a problem that will affect the lives of everyone and it does not matter if you are a Republican, a Democrat or belong to any other type of category Ageing in the United States is a problem that will affect most of us and we have to work together to find innovative solutions for this major problem that is coming to the old USA.
Note: The source of information for most numbers mentioned above you can find on a report published by the US Census Bureau.
Current Population Reports 65 + in the United States - published December 2005.
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10-02-06 06:44 PM
Arnie: Give us a timeline. Anyone can go around saying the sky will fall. Lets get a concrete estimate of WHEN this will happen. Maybe you could enlighten us all and show us where this has happened in the past.
The above table gives you a concrete estimate of the number of people age 65 and plus that we can reasonable expect here in the United States from 2006 to 2030.
I want to bring to your attention that these people are already here they are your mother, your father, your grandparents, your relatives and friends these are actual people living today in the United States.
These numbers can be even higher if we have some major breakthroughs in medicine, in healthcare, and also if the United States absorbs a massive amount of older illegal immigrants from other countries in the coming years.
What is happening here in the United States today regarding its population has never happened before. We dont have a past history to be able to study the past. The United States never had so many old folks around. I want to remind you that the average age when people died in 1900 was around 47 years old.
People in the United States are living longer and healthier lives than ever before. Average life expectancy at birth rose from 47.3 in 1900 to 76.9 in 2000.
When Ronald Reagan was president in the 1980s the United States still could afford to play the deficit game and heavy expenditure on defense since the time bomb of the Baby Boomer generation still decades in the future.
In 2006 the story is different the Baby Boomers are reaching age 60 and from now on they are going to have a tidal wave of people living in the United States over age 65.
The sudden increase in longevity will create a large pool of people over 85 and older and these older folks are going to cost a fortune to the US government in the coming years in Social Security, Medicare, and so on ..
