Voices for Reason - Fifty Years Later: The Impossible Math of Medicare [video] | The Ayn Rand Institute

Fifty Years Later: The Impossible Math of Medicare [video]

Fifty years ago, Medicare was sold on the promise that it would unite the nation. But with Medicare’s unfunded liabilities approaching $100 trillion — a shortfall equaling almost six times the size of today’s economy — the question is whether Medicare will instead tear Americans apart.

Though many people know that Medicare is unsustainable, the program remains a third-rail issue in politics — untouchable in the minds of many Americans and political suicide for politicians who dare to approach it. In this talk, recorded February 18, 2015 at ARI’s headquarters in southern California, I explain one of the reasons why Medicare has attained this political status and what can be done about it.

Separately, I also recorded three short Q&As on this topic, which you can view by clicking on the links below:

My talk was a part of ARI’s Road to a Free Society speaker series. Previous talks from this series include: