Neotrotsky
Council to Supreme Soviet
Reforming entitlements begins with questioning some commonly held assumptions.This seems to be a growing myth among folks on the right.
There are proposals out there that significantly reform Medicare without destroying it (e.g. the ACA on the payment and delivery side, Lieberman-Coburn on the cost-sharing structure).
There is, however, also a proposal that eliminates Medicare (understood to be a public health insurance program that pays the medical bills of the elderly). The fact that the Republican majority hasn't abandoned in their replacement proposal the concept that the federal government bears some responsibility for the health of the elderly doesn't mean they aren't advocating the destruction of Medicare.
Actually, it is more Medicare, as is, will destroy the US
Three Little Pigs: How Entitlements Will Destroy Us
Our national debt recently topped the $13 trillion mark. That amounts to nearly 90% of this country's GDP; $72,000 in debt for every household in America
Now add Medicaid, Medicare and Social Security, and Obama's 2011 budget has a $1.27 trillion deficit. It's the entitlements, stupid.
Nor can you tax your way out of debt. Eliminate all of the Bush tax cuts, including the tax cuts for low- and middle-income Americans, and you would reduce the debt by perhaps 10% — assuming you didn't cripple the economy in the process. Tax the rich? That won't get you there either. In fact, according to the Congressional Budget Office, in order to pay for all currently scheduled federal spending would require raising both the corporate tax rate and top income tax rate from their current 35% to 88%, the current 25% tax rate for middle-income workers to 63%, and the 10% tax bracket for low-income workers to 25%
There is simply no way to control our debt without getting serious about reforming entitlements.
Truth is hard for the Left; in fact, it is their worst enemy
Starting with whether our current market system is efficient, something your source didn't question when he pointed out Medicare's future shortfall.
Since 1970 the share of American income going to healthcare has gone from 7% to 17%, and some projections show our entire economy could be absorbed by health care in the 2050s.
Is this shortfall because too many people are receiving healthcare, or is it because of a private, for-profit insurance system?
Profit is hard for the Right; in truth, it is their worst enemy.
Profit is good; the only ones that have problems with it are leftists.
You do know that a gov't which promoted open and fair markets via true competition, profits would be smaller. Indeed, the crony capitalism promoted by the political system in this country
under the cover of "helping" people is far from a free market.
Profit is a result of the use of one's property and all the rights associated with it ie property rights.
Property rights are fundamental to any liberal and free society. The serious disruption of those bedrock rights invites the truncation of many other political rights by people in power. ie socialism; statism
In any Centrally planned economy, the individual ultimately becomes subservient to the state and their dictated goals. Marx himself even called for the "dictatorship of the proletariat". As such, there
is no room in such a society for individual rights.
Sadly, these is the kind of society you wish upon us.
As I said before, too often those who call for such things do not understand the means.
Of course, since Gasoline Taxes Per Gallon Are Almost 7 Times ExxonMobil's Profit: 48 cents vs. 7 cents for QI
You don't have an issue with profit, as long as it is the gov't.
Again, Truth is hard for the Left; in fact it is their worst enemy
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