Unemployment, Debt, and Health Care
By: Katherine Austin
An Introduction Into Unemployment, Debt, and Health Care
Annual Deficit: "A status of financial health in which expenditures exceed revenue."
National Debt: "The total amount of money that the government of a country owes to companies, countries, etc."
Now, (as of May 3rd 2016 at 12:53 p.m.) we are $19,192,529,611,795 in the hole. The thing is, this keeps growing and growing, nonstop. We having been living on the kindness of strangers, China, for many years now. This has to stop, we need to find a way to get that money back and pay it off. If it's bad for a person to be in debt, how bad is it to live in a nation that is in huge amounts of debt? The answer, not good at all.
"Medicare is the federal health insurance program for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant, sometimes called ESRD)."
The thing that is killing the national budget is Medicare, and it will eventually take over if something is not done to fix it. Doctors are also taking advantage of the fact that Medicare can help the older generation. The "federal authorities in Texas are investigating how an active 82-year-old grandmother was diagnosed as homebound, with a range of ailments that she did not have, including Type 2 diabetes, opening the door to potentially tens of thousands of dollars in Medicare payments for home health care, supplies and equipment she did not need." People who don't need it, are getting it, and this is because of doctors wanting to make a quick buck. The video presented with this Undercover Grandma shows that the system isn't as trustworthy as it seems and people are taking advantage of it.