News And Information On Wall Street, The Crooks That Run It, The Money Wall Street Uses To By Politicians And Coverage Of The People Standing Up To This Greed And Corruption
Friday, November 18, 2016
No, Medicare Is Not an 'Entitlement,' and It Is Not Free
No, Medicare Is Not an 'Entitlement,' and It Is Not Free: "House Speaker Paul Ryan wants to raise the Lazarus of privatizing (and phasing out) Medicare from the dead. Paul Waldman of The Washington Post writes of the latest Republican effort to put a dagger through the heart of Medicare: As part of his strategy, Ryan must convince people that Medicare is all but dead already, so we don’t actually lose much by putting it out of its misery. That’s why he says things like, “Because of Obamacare, Medicare is going broke.” This is not just a lie but the precise opposite of the truth, and Ryan knows full well it is; in fact, the ACA extended the solvency of the Medicare trust fund by over a decade. And be warned: Any time you hear Republicans say the phrase “entitlement reform,” understand that phasing out Medicare is what they’re talking about...."