Baby Boomers Expected to Drain Medicare (Not mentioned, millions of welfare mooches on Medicaid)
The first baby boomers will turn 65 Jan. 1, beginning a flood of applications for Medicare benefits that experts fear could drain the economy and hold political repercussions for President Obama.
The baby boomer generation marked a huge reproductive uptick between 1946 and 1964, when 76 million children were born, creating a higher demand across the nation for schools and consumer products, and an upheaval in popular culture.
But this post-World War II generation’s overwhelming demand on the Medicare system could possibly leave future generations with a bigger bill.
(Excerpt) Read more at abcnews.go.com
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