Meaningless.
Medicare is a promise to pay for a service without limit.
This cannot coexist with an honest annual budget, and, as long as our capitalist system has access to taxpayer dollars with a payment guarantee, more and more useful but expensive technologies will be invented and deployed.
I agree.
But it is about to become more like Medicaid.
Long delays for treatment, second tier physicians, and second tier facilities.
Naturally, all this happens one year before I become eligible!
I disagree that America is doomed financially.
Younger Americans, a majority of whom will be foreign born, first generation, or non-white, will simply default.
The “doomed” will be the elderly, who will be disproportionately Conservative non-Hispanic whites.