Adaquate?

Subject: txt 1st hcare mny =

"The [Medicare] HI trust fund is not adequately financed over the next 10 years. At the beginning of 2009 the assets of the HI trust fund were $321 billion and are projected to be exhausted during 2017, under the intermediate assumptions. The HI trust fund does not meet the short-range test of financial adquacy."

Board of Trustees of the Federal Hospital Insurance and Federal
Supplementary Medical Insurance [Medicare] Trust Funds, May 2009.

Medicare Trust Fund

Source: Office of the Actuary for Medicare.

Medicare expenditures (% GDP) in 2008: 3.2%.
Projected for 2035: 7.3%.
Projected in 75 years: 11.4%.

[That's not our government - it's one program within it - >10% of GDP.]

Source: Office of the Actuary for Medicare.

Total Defense expenditures (% GDP) for the years 2004-2007 [while fighting two wars]: 4.0%.

[We're following the Europeans toward mortgaging our defense capabilities for ever expanding welfare programs. The critical difference being that there's no remaining superpower to protect us when they're gone.]
.