Some people want you to think that the reason we don't have full employment in the United States, is because American Corporations are taxed too much. Some people want you to think that American corporations just don;'t have the cash to be able to contribute more to the nation that provides them with the infrastructure so they can make … [Read more...]
Medicare Part B — What Do We Do To Pay For It?
July 5, 2012 By Leave a Comment
In a previous article, we looked at the solvency issue of Medicare Part A. We also discussed one potential solution that would provide a $1.352 trillion overage by 2021. Now we'll turn our attention to Medicare Part B -- the part of Medicare that pays for physician services, Durable Medicare Equipment, Ambulances, X-Rays, Lab tests, … [Read more...]
Obamacare: How Does it Pay For Itself?
July 3, 2012 By 3 Comments
The day the Supreme Court ruled the Affordable Care Act to be constitutional, Governor Romney said he would repeal this law that was, in his opinion, adding trillions of dollars to the U.S. deficit. So we thought we'd look at the Affordable Care Act which the CBO (Congressional Budget Office) has shown will actually reduces the deficit by $143 … [Read more...]
Medicare Part A: One Solution
June 26, 2012 By 1 Comment
We saw in the prior post how Medicare Part A will begin running at a deficit soon. So how can we fix that? What do we need to do to keep Medicare solvent? Republicans have decided that turning Medicare over to private insurers will fix the problem. But that's just not the case -- their plan shifts the burden of payment to seniors; to the very … [Read more...]
Medicare Part A: The Problem
June 26, 2012 By Leave a Comment
Health Care costs are an issue for Medicare. They rise every year faster than the rate of inflation. Why? We'd argue, in large part the cause is the private profit making health care system the United States has chosen to embrace, despite it's poor performance in keeping us healthy or alive. But we also have to acknowledge that while per capita … [Read more...]
Governor Romney’s 5 Point Jobs Proposal Would Raise Unemployment and the Deficit
June 20, 2012 By 3 Comments
We've looked at Governor Romney's 5 point Jobs Proposal and found that it would not only NOT create a single job, it would cut jobs, cause more folks to be unemployed. Let's summarize the plan: 1. Cut Corporate Taxes. We found this plan would not create any jobs for 2 main reasons - 1. American corporations are not hiring because (a) they can … [Read more...]
GOP Plan to Raise Medicare Eligibility Age to 67 Would Cost $8 Billion
June 14, 2012 By Leave a Comment
Republicans have advocated for increasing the age of Medicare Eligibility from 65 to 67. They say that doing so will save the Federal government $6 billion dollars. But here's the problem. When you don't allow older folks to enroll in Medicare, they have one of 5 choices: 1. They will have to get their Medical insurance through their employer … [Read more...]
