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A Place for Dad

A Blog about Eldercare, Senior Housing, Home Care, Assisted Living, Independent Living, Skilled Nursing, Adult Family Homes and all things related to care for aging loved ones.

Medicare bankrupt in 11 years - losing money starting THIS year

Today Trustees for the Medicare program announced that Medicare would be bust by 2019, 11 years from now.  And, this year, for the first time, Medicare will begin distributing more funds than it takes in.

This is staggering in it's implications.  But what is more staggering is that our top news today is Hillary's fictional account of snipers in Bosnia, Obama's poor taste in pastors, and McCain's deficiencies as an economist. 

We are truly all, fiddling while Rome burns.  We must persuade our politicians to take on this issue now.  It will soon become the major factor in American prosperity, or lack thereof.  And, as with all big challenges, the longer we avoid dealing with the issue, the larger and uglier it will get.

Please, learn more about this issue.  Tell everyone you know about what you learn.  We must start this conversation.  We must start it TODAY.

Published Mar 26 2008, 03:59 AM by JohnT
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About JohnT

I am one of the co-founders of A Place for Mom. We created the company because we felt there had to be a better way to find eldercare options in the US. We've created this community site because of a strong, deep belief that families will benefit greatly from talking to others who are struggling with the exact same eldercare issues. The thing I hear most often from families is their sense of being all alone and without help in their efforts to care for an aging loved one. Yet the fact is that there are over 10 million people involved in caregiving for loved ones every day! It is our goal to provide a place for those people to meet and share.
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