Sunday, July 31, 2011

Obama announces wobbly deal on debt; What happens to seniors in the future given "demographic winter"?

Sure, we need the spending cuts, and Congress needs to pass the “deal” for the US just to pay all its bills as already obligated.  (Note: they were just talking about the “30 hour threshold” in the Senate as I typed this. Don’t know if it matters.)

But what happens down the road as people live even longer and the predicted Alzheimer’s epidemic explodes?
Of course, Medicare doesn’t generally cover custodial care. Families (and filial responsibility) do. But it seems as though the “demographic winter” argument has been overlooked completely so far in all the discussions.

Let’s hope August isn’t as nerve-racking a month for seniors as July has been.

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