Unemployment, Debt, and Health Care

By: Katherine Austin

An Introduction Into Unemployment, Debt, and Health Care

The things that are not spoken of a lot would be unemployment, debt, and health care. We literally seem to know nothing about it, yet we say that some of this is okay, maybe even a good thing. These are real things happening in the U.S. that aren't known to very many people, but if you want to educated into the world your going into, these are some things you need to know.


The lowest unemployment has been was in 1982, then in 2009 it was in the double digits of 10.6%. Right now it can be seen at 5.0%. The cause of this may be in link to the nation debt of the country, which is huge by the way. Trading Economics forecasts that the country will go up to 6.7% by 2020. This is a huge issue that is rising to be a potential threat to the future of this country. If it's even possible, it may go into The Great Depression Part 2 if the country isn't careful.
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National Debt

First of all, let me define a few words in here.

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.

Health Care

Originally, health care was a good thing. It helped people out with paying medical bills, surgeries, and whatnot. We even added in Medicare Part D, which helps people pay for their prescriptions. The thing is, we didn't have the money to pay for this, but we still passed it since Pay-Go (if we don't have enough money in the budget for the bill, it doesn't pass) expired, it still passed. People 65 year and older liked this idea, because it helped them out a ton; but, this made it harder for the younger generations to be able to pay and take care of. People are living longer and longer, because of modern medicine, and people are also retiring more and more.

"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.

Exclusive: Undercover Grandma Catches Medicare