|
08-07-2009, 05:00 PM
|
|
|
Medicare has $36-trillion unfunded liability
Quote:
It's not sustainable and they know it.
Insurance is the pooling of resources to cover the cost of a possible but by no means certain misfortune befalling a given individual. Government-subsidized coverage for people already sick is welfare. We can debate whether this is good, but let's discuss it honestly. Calling welfare "insurance" muddies thinking.
|
Read John Stossel:
http://reason.com/news/show/135266.html
|