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Dr. Mark Skousen shares his view on how Medicaid now surpasses Medicare.

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Medicaid Now Surpasses Medicare!

Dr. Mark Skousen shares his view on how Medicaid now surpasses Medicare.

I previously wrote about the A&W Pledge as a sound economic policy that is often violated.

??A? stands for ??accountability,? the idea that users should pay for the goods or services they buy, including health care and food. ??W? stands for ??welfare,? that you should only help those who really need help. The secret to good government is to find a balance between A&W. (Click here to read further about the A&W Pledge).

Unfortunately, the A&W principles are now out of balance in the United States. There is too much W and not enough A. Despite a means test for welfare, today 74 million Americans are on Medicaid, surpassing the number of elderly on Medicare (55 million). Almost 43 million Americans are on food stamps, but there are more on Medicaid because of disabilities.

Source: New York Times

Not surprisingly, even Republicans don??t want to rile their voters, many of whom are now getting welfare. (Click here to read the March 28 New York Times article, ??In Health Care??s Defeat, Medicaid Comes of Age?).

To read the full article, click here: “Medicaid Now Surpasses Medicare!

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Written By

Mark Skousen is a college professor, prolific author and world-renowned speaker. He??s made his unique sense of market and investment trends known and respected in the financial world. With a Ph.D. in economics and a focus on the principles of free-market capitalism and ??Austrian? economics, Mark Skousen has often gone contrary to the crowd in his investment choices and economic predictions ?? and has often been proved right.

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archive

Medicaid Now Surpasses Medicare!

I previously wrote about the A&W Pledge as a sound economic policy that is often violated.

“A” stands for “accountability,” the idea that users should pay for the goods or services they buy, including health care and food. “W” stands for “welfare,” that you should only help those who really need help. The secret to good government is to find a balance between A&W. (Click here to read further about the A&W Pledge).

Unfortunately, the A&W principles are now out of balance in the United States. There is too much W and not enough A. Despite a means test for welfare, today 74 million Americans are on Medicaid, surpassing the number of elderly on Medicare (55 million). Almost 43 million Americans are on food stamps, but there are more on Medicaid because of disabilities.

Source: New York Times

Not surprisingly, even Republicans don’t want to rile their voters, many of whom are now getting welfare. (Click here to read the March 28 New York Times article, “In Health Care’s Defeat, Medicaid Comes of Age”).

To read the full article, click here: “Medicaid Now Surpasses Medicare!

Newsletter Signup.

Sign up to the Human Events newsletter

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