{"id":373,"date":"2015-08-08T11:17:25","date_gmt":"2015-08-08T15:17:25","guid":{"rendered":"https:\/\/medicarereport.org\/?p=373"},"modified":"2015-08-08T11:17:25","modified_gmt":"2015-08-08T15:17:25","slug":"reforming-medicare-and-medicaid","status":"publish","type":"post","link":"https:\/\/medicarereport.org\/?p=373","title":{"rendered":"Reforming Medicare and Medicaid"},"content":{"rendered":"<p><span class=\"intro\">(By &#8211;\u00a0<\/span><span class=\"c-name\">THOMAS G. DONLAN,\u00a0online.barrons.com)\u00a0<\/span><\/p>\n<p>As Americans observed the 50th anniversary of Medicare and Medicaid, many said that M&amp;M have become a permanent part of American life. Everyone, even the members of the millennial generation likely to be shortchanged, expects the programs to be around to pay benefits for another 50 years.<\/p>\n<p>Probably not. Partly because of M&amp;M\u2019s large subsidies, health-care prices began to outpace the growth of gross domestic product about 50 years ago. If M&amp;M go on as they are, in another 50 years they will consume most of the federal budget, or require large tax increases, or force the Treasury to borrow on a scale never seen before. The U.S. will destroy its productive economy to support aged citizens in hospitals and nursing homes. <a href=\"http:\/\/online.barrons.com\/articles\/reforming-medicare-and-medicaid-1439013189\" target=\"_blank\">Read more&#8230;<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Notice<\/strong>: The \u201c<strong>Read more<\/strong>\u2026\u201d link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link\u2019s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(By &#8211;\u00a0THOMAS G. DONLAN,\u00a0online.barrons.com)\u00a0 As Americans observed the 50th anniversary of Medicare and Medicaid, many said that M&amp;M have become<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-373","post","type-post","status-publish","format-standard","hentry","category-medicare-general"],"_links":{"self":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=373"}],"version-history":[{"count":1,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/373\/revisions"}],"predecessor-version":[{"id":374,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/373\/revisions\/374"}],"wp:attachment":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}