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Does HCR affect these numbers?

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nutsnberries Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-24-10 03:13 PM
Original message
Does HCR affect these numbers?
and how? how would medicare for all?

fiscally conservative friend is pointing to these numbers:

Current Medicare liabilities are $75 Trillion, Prescription drug liabilities are $19 Trillion and Social Security liabilities are $14 Trillion!

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rgbecker Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-24-10 03:35 PM
Response to Original message
1. Better ask your friend for a link. Is that how much we owe now, or
at the time of the Rapture?
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nutsnberries Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-24-10 03:38 PM
Response to Reply #1
2. link he gave:
http://www.usdebtclock.org /

sorry, i should have included that.
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TheWraith Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-24-10 03:48 PM
Response to Original message
3. It's a silly and irrelevant trick to pull out those numbers.
Sure, our commitments to all Americans currently living for Medicare and Social Security are probably that many trillions of dollars. And that amounts to 6% of our national economy over the roughly 100 years that those liabilities will be paid out for.
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nutsnberries Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-24-10 03:55 PM
Response to Reply #3
4. well, that's in keeping with the rest of the arguments he uses,
and thank you for the response.
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