Wed, 28 February 2007 My previous statement about Social Security was too conservative. The impact of the prescription drug program is far more severe than I originally estimated. According to the Congressional Budget Office it will increase the burden to Social Security by 12%, My estimates factored this in as noise. In examining Medicare alone, the expense for this program will consume all of the US revenue by 2014. Toss in all of Social Security and Medicare and this expense will consume all of our nation's revenue by 2012. Another report on the Colorado River shows that its shrinking water level will begin impacting the 25 million people over seven states that depend on this water source by 2011. The report stated that this problem has gone so long without being addressed that technology and conservation are no longer able to fix it and trade-offs will now need to occur - lives, livestock, farming, golfing, lawns, non-native plants. This region is a major economic area of the US and this type of disruption will hurt the economy at the very least. 2008 will be the focal point for our nation to address these problems and other critical issues that continue to mount or change forever the face of America. Perhaps the bluntness of my words and candidacy is not appealing, but are the more pleasant visions of the other candidates more appealing because visions and dreams is their offering as usual, that is politics as usual. Category: The Armchair President -- posted at: 1:11 PM Comments[0] |
