This horror story by James Pethokoukis ought to scare the living daylights out of you and anyone else who cares about the future of the country soon to be formerly known as the United States of America:
The original purpose of Medicaid was to provide improved healthcare access for poor people, while not turning the safety net into a trap. Under President Obama’s Affordable Care Act, Medicaid will be greatly expanded beyond what Congress originally intended.
In fact, as these charts show, it has already expanded beyond what Congress surely originally envisioned and, in the process, has created a terrible fiscal problem for the United States. (These charts and graphics come from a briefing today here at AEI, conducted by Gary Alexander, secretary of public welfare for Pennsylvania.)
A few scary factoids:
- In the 1960s, there were 18 workers per Medicaid recipient. Today that number is 2.5.
- The number of Americans on disability has risen 19% faster than jobs created during this recovery.
- There are just 1.2 private sector workers per 1 person on welfare or working for government.
- There are now just 1.65 employed persons in private sector per 1 person on welfare assistance.
There follows a series of charts that are even more terrifying than the factoids, so please read the whole thing. And then think about this: what happens to a nation when the Party of Take becomes bigger than the Party of Give?
And that’s just Medicaid. Medicare and Social Security are even worse; in fact, their trustees flatly say their trust funds will be exhausted in just a few years — Medicare by 2016, according to one estimate that factors in the double-counting under the deceitful ObamaTax. The national debt will soon be at 100 percent of GDP. And then what?