What began as a safety net has become an open-ended obligation. The rise of Medicare and Medicaid, amid demographic shifts and third-party payment systems, has led to exploding costs and crumbling incentives. Drawing a straight line from the Founders’ warnings to today’s fiscal crises, this episode dissects how well-intended programs drift into unsustainable territory.

What happens when no one is responsible for the bill?

For more episodes and resources, visit ⁠fromourgeneration.com⁠.

Dive deeper with Giants of Political Thought at ⁠giantsofpoliticalthought.com⁠.