Medicare

Fifty Years Later the War on Poverty Is Lost

Fifty years ago Lyndon B. Johnson declared War on Poverty.  Great strides were made.  Between 1964 and 1965 Medicaid and Medicare were enacted, food stamps made permanent, a flurry of work and volunteer grants were passed, and educational opportunities were made more egalitarian.  Unfortunately later administrations have been tearing apart Johnson's weapons against poverty one by one.

Gain at the Price of Patient Pain by Big Pharma

Many of us are aware of the TIME magazine investigation about hospitals charging us $12 for those little paper pill cups. Those little cups add up to millions of dollars a year; but those little red and blue pills that Big Pharma pushes on us add up to billions. And many times the taxpayers are illegally billed for those little cups and pills. But because of budget cuts, the Inspector General may no longer investigate these abuses and fraud.

The Grand Bargain Under the Fiscal Cliff

fiscal cliff The main stream media has finally caught on that Congress will cause a major recession through economic blackmail in addressing the Fiscal cliff. Now there are calls for compromise. Ever notice when we hear the call for compromise there are few specifics? That's our problem with D.C. generally, policies based on facts, statistics and their effects not only are ignored, we hear plain lies on what these agendas actually do.

In 2011 there was a tentative deal to cut social security benefits and Medicare.

The blueprint for a deal to avoid a fiscal nightmare early next year may be found in the failed debt negotiations between President Barack Obama and House Speaker John Boehner in mid-2011.

Part of their talks on a $4 trillion deficit-cutting plan included a gradual increase in the Medicare eligibility age to 67 and an alternative yardstick for calculating inflation that would reduce annual Social Security cost-of-living adjustments.

Paul Ryan Wants to Destroy Social Security & Medicare

ssThe election of Worse and Worser continues. We now know Romney's VP pick, Paul Ryan. Wisconsin Congressman Paul Ryan managed to get the House Budget Committee chair, and has been on a quest to destroy Social Security and Medicare.

Ryan proudly is the author of the top 11 idiotic ideas to reduce the budget. He also tried to kill Medicare.

Romney has already promised to enact Ryan's right wing social engineering plan in his first 100 days in office.

What a gift to Obama. Face it folks, we're now stuck with Obama for four more years. AARP alone will surely mount their legions to vote against the Galt/Gekko Replication ticket. Most people know election 2012 is the battle of the billionaires, we sure don't have a say. But now the choice has become astounding. We don't think even the Koch Brothers, with their propaganda armies can turn this tide around.

Social Security & Medicare Funds Run Dry Sooner Than Projected

The Deficit Boogie Men, Medicare and Social Security are once again knocking at the door. The Social Security Trustees just released their annual report. They say social security will run out of money by 2036. This is one year earlier than projected last year. Why the sudden shocking news? Seems the fund projected revenues greater than actual because gee, people have less income than originally thought.

Economic Creationism is the New Science

perry godIowa has joined the ranks of crazy, putting first in a straw poll someone out to destroy social security and medicare. This agenda would lead to the biggest increase in abject poverty the United States has ever seen. Meanwhile, Texas Governor Rick Perry is being touted as the new savior of the radical right, proof positive all economic theory comes from God.

This fundamentalist radical right is nothing new. The Tea party is simply the moral majority, wrapped in a new bow.

What is new is the bold faced economic fiction being spun right, left and center. It's like the idea that Creationism is equal to Evolution and the biological sciences has invaded the world of Economics, Mathematics and Statistics.

We are re-entering the dark ages. Down is up, left is right and if you float in water, you must be a witch. Most economists know in a severe recession increasing government spending to take up the slack in demand is a good thing to do. Yet, a group of crazies have kidnapped the national discourse and demanded public policy to cut government spending in a time of very weak economic demand. Once again, up is down and down is up.

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