Thursday, March 15, 2007

Seniors vs. Children

I was alarmed to read a new study released by the Urban Institute that reported how children are becoming a diminishing national priority in America. The report examined federal spending from 1960-2006 and found the share of domestic spending targeted to children's programs declined from 20.1% in 1960 to 15.4% in 2007. At the same time, the spending on adults is eight times greater than spending on children. As a percentage of GDP, the adult portions of Social Security, Medicare and Medicaid (The big three entitlements)are expected to grow to 9.5% by 2017, while children's programs will drop to 2.1%.

I like our seniors as much as anyone and, gee, by 2017 that money will be spent on me! But I don't want the future of America, our children, to be ignored just because they have no political power. Marian Wright Edelman, president of the Children's Defense Fund, said, "Children are a voiceless, voteless constituency. They don't lobby, and they don't make campaign contributions".

I believe there is enough money in the United States to care for our needy seniors as well as our children. We absolutely must tackle run-away health care expenditures and stop spending 30% of the Medicare budget in the last year of life. We know that 10% of Medicare beneficiaries account for 70% of spending. Can't we target that population and manage their health more efficiently? These problems can be solved. We need better leaders and better priorities that realize investing in children's health, education and welfare makes for a richer society.

If you want to read all 33 pages of the report,go for it: Kids Budget


Anonymous said...

Hi Toni. Thanks for the link. I have linked yours to mine, too.

cheap viagra said...

This is interesting because I think children are the real priority, I mean both are important so children are our future.m10m

Raphael said...

Very useful material, thank you for the article.
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