Page 42 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf

36 I CHAPTER Two

and program expenses ... In essence, Medicare has already crossed
the point where it is a net claimant on the Treasury - a threshold
that Social Security is not expected to reach until 20 13 ...'

"The current Medicare program is both economically and fiscally
unsustainable. This is not a new message - the Medicare trustees
noted in the early 1990s that the program is unsustainable in its
present form."

As to what politicians are doing about this healthcare monster, he
writes:

"Clinton stared at the beast - and blinked. He chose ro avoid the
hard decisions that will have to be made down the road where, as
the GAO points out, they will be much more painful.

"But let's face it, Clinton is hardly the only politician to duck a
tough issue.It will take a new breed ofpolitician to push meaningful
reform. It requires a risk-taker with titanium nerves and vision."

About long-term healthcare, he says:

"There's one more aspect of the medical-insurance story that is
almost totally off the typical radar screen. This one involves long-
term care. With the baby-boom generation heading toward
retirement and their parents already there, this is a huge issue.

"Afew numbers tell the story: The number ofelderly will double to
seventy-five million by 2030 and the number of seniors living in
nursing homes will increase fivefold.

"I know the response: Doesn't Medicaid pay for nursing homes?
This question is often asked by Boomers who figure their parents
will be covered, as they will when their time comes to book some
long-term care.

"Here's the answer: Medicaid was never meant to be a long-term
care provider. And as Senator John Breaux and Representative