Another Inconvenient Truth

It should come as no surprise there is a fiscal crisis looming.

The problem: Boomers are retiring (ie. not paying income taxes and utilizing their Medicare, Medicaid, and Social security benefits), healthcare costs are exploding, and there aren't enough people in the younger generations to sufficiently cover the discrepancies.

It is estimated that in less than 40 years (more likely 20-30 years), Medicare and Medicaid expenses will use up approximately 20% of the national GDP. (To give you an idea of the magnitude of this, currently the ENTIRE federal budget absorbs approx 20% of the GDP).

This is the reason there is a campaign, the "Fiscal Wake-Up Tour," to educate the nation and encourage voters to ask the presidential candidates tough questions pertaining to how they would help alleviate this fiscal crisis. (And to think it took less than 6 years to go from a surplus in our economy to an enormous deficit. Shameful. This fiscal crisis IS real—just like global warming IS real.)

We as a nation need to take a hard stand now. "People are starved for truth and starved for leadership." We need to hear the TRUTH and the lawmakers/leaders have to TELL the TRUTH. No, it's "not nice" and it's "inconvenient," but we need to listen and take action.