Re: America\'s Financial Future
When Bush proposed giving people a choice regarding directing their income earned towards government mandated retirement funds, he sought to decrease the future liability of SS. That's something that many people don't understand. Medicare/medicaid expenditures are growing faster than the economy and have done so over the long term. I'm fairly certain the government has underestimated Medicare/Medicaid obligations in the future because the estimates are probably based on growth rates in expenditures that are inline with economic growth. Medical costs have risen faster than economic growth and I think will continue to do so.
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