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Posts Tagged ‘Medicare’

CNN’s Own Chart Disproves CNN Claim About Social Security’s Alleged Cost

Posted by Phoenix Woman on April 21, 2012

Propaganda spewage fail:

CNN Money published an article today on Social Security and Medicare that, as is characteristic of mainstream reporting on these programs, misinforms readers about the country’s long-term fiscal picture. Fortunately, the misinformation can be easily debunked — in part, by looking at the chart CNN used with the article.

The very first words of the article were: “Critical to reining in the United States’ long-term debt will be finding ways to control the burgeoning costs of Medicare and Social Security, both of which will face serious funding shortfalls over the next two decades.”

But the graph that accompanied the article showed a different story — namely, that it was Medicare’s costs, not Social Security’s, that are skyrocketing, and Medicare’s costs are skyrocketing because health care costs are skyrocketing. As Media Matters goes on to state:

This is one of the most common and pernicious pieces of misinformation surrounding Social Security, the nearly universal social insurance program that keeps 20 million Americans out of poverty. The CNN Money article conflates spending on Social Security and Medicare, asserting that it is “[c]ritical” for the costs of both programs to be “control[led]” if the U.S. is to overcome its long-term debt challenges. This is false.

The truth about long-term Social Security costs is that they are projected to rise slightly in the coming decades, stabilizing at just over 6 percent of GDP for the next 75 years. There is no legitimate reason to conflate Social Security and Medicare when talking about spending and debt.

But the austerity jackals want to feast on our bones, and their allies in the establishment media eagerly assist them in this endeavor.

Posted in Uncategorized | Tagged: , , , , , | 3 Comments »

John Kerry Sells Most Americans Down The River Rather Than Raise Teresa’s Taxes

Posted by Phoenix Woman on September 11, 2011

Bend over America, here it comes:

The old joke is that robbers hit banks because that’s where the money is.

If Congress hopes to resolve the nation’s budget deficit problem, it’s going to have to go after entitlement spending for the same reason, says Senator John Kerry.

That is one of the hard truths the Massachusetts Democrat offered up as he settles into his role as one of 12 members of the congressional “supercommittee’’ charged with cutting an additional $1.5 trillion from the deficit during the next 10 years.

Why is Kerry pushing to put us all on cat food rather than raise taxes on the rich back to, say, Eisenhower-era levels? Scuttlebutt is it’s because he’s angling for a job in the austerity-jonesing Obama’s administration, probably as the next Secretary of State.

Maybe we should all tell him what we think of his selling us down the river rather than raising Teresa’s (or his biggest campaign donors’) taxes.

Posted in Uncategorized | Tagged: , , , , , , , , | 1 Comment »

Biden Admits 14th Amendment Was Viable Option

Posted by Phoenix Woman on August 2, 2011

The downward stock market slide Charles noted yesterday continues today (see above). Smart observers know this is going to kill the American economy, and possibly the global economy as well.

Biden’s now saying that Obama would have invoked the 14th amendment if Congress didn’t get a deal done by today.

Now remember, all through this process the White House pretended the 14th wasn’t an option.  Ever.  No way no how.

Just like they pretended that reconciliation (which Bush used repeatedly to pass key fiscally-related bills with 51 votes) couldn’t be used to pass a health care bill, much less one with a public option.  Only after the public option was killed (per the secret agreement with AHIP) and after the 60th Senate seat went away did they finally admit what educated observers knew all along:  Reconciliation was possible.

So whenever they say that some legislative or procedural trick is “not possible”, what they’re really saying is that they won’t do it if it helps the little people, but they will if it helps corporate lobbyists with deep pockets and lots of cash to spend on their favored candidates and/or political parties. 

Posted in 2012 | Tagged: , , , , , , | 6 Comments »

Krugman on Obama’s Planned Social Security Sellout

Posted by Phoenix Woman on July 9, 2011

There have been a lot of comments about President Obama’s plan to sell out Americans and make drastic cuts to both Medicare and Social Security and make catfood the staple of most elderly persons. But I think I’ll settle for citing Paul Krugman’s:

But let’s be frank. It’s getting harder and harder to trust Mr. Obama’s motives in the budget fight, given the way his economic rhetoric has veered to the right. In fact, if all you did was listen to his speeches, you might conclude that he basically shares the G.O.P.’s diagnosis of what ails our economy and what should be done to fix it. And maybe that’s not a false impression; maybe it’s the simple truth.

One striking example of this rightward shift came in last weekend’s presidential address, in which Mr. Obama had this to say about the economics of the budget: “Government has to start living within its means, just like families do. We have to cut the spending we can’t afford so we can put the economy on sounder footing, and give our businesses the confidence they need to grow and create jobs.”

That’s three of the right’s favorite economic fallacies in just two sentences. No, the government shouldn’t budget the way families do; on the contrary, trying to balance the budget in times of economic distress is a recipe for deepening the slump. Spending cuts right now wouldn’t “put the economy on sounder footing.” They would reduce growth and raise unemployment. And last but not least, businesses aren’t holding back because they lack confidence in government policies; they’re holding back because they don’t have enough customers — a problem that would be made worse, not better, by short-term spending cuts.


Mr. Obama’s people will no doubt argue that their fellow party members should trust him, that whatever deal emerges was the best he could get. But it’s hard to see why a president who has gone out of his way to echo Republican rhetoric and endorse false conservative views deserves that kind of trust.


(Crossposted to Renaissance Post.)

Posted in 'starving the beast', (Rich) Taxpayers League | Tagged: , , , , , | 2 Comments »

Robert Samuelson Wants You to Starve, Unless You’re In His Tax Bracket

Posted by Phoenix Woman on June 30, 2011

Hard to draw any other conclusion when he absolutely refuses to consider raising taxes on the rich as a way to deal with the deficit and blatantly sides with the Republicans:

>> The truth is that most liberals have no stomach for cutting spending, especially on the Social Security and Medicare programs that dominate the nation’s long-term budget problems. There’s a legitimate argument over the size and timing of spending cuts. It may well be, as the letter [signed by 235 economists urging that the budget not be balanced by slashing social spending] contends, that too many cuts too soon would imperil a “fragile” economic recovery. But the letter doesn’t say one word about *ever* cutting spending; it doesn’t mention that huge long-term budget deficits might pose an economic threat (a position held by many economists); it doesn’t suggest that Social Security and Medicare benefits might have to be curbed.

Samuelson correctly mentions out that the 235 economists did not say certain things. What he doesn’t mention is that these things are are not true, even though he assumes they are true — or rather, wants these things to be true. Therefore, he concludes, the fact the 235 economists didn’t mention those untrue thngs is a sign of how irresponsible Democrats are on spending.

In other news, scientists are irresponsibly covering up the existence of a vast subterranean world full of barbaric mole men plotting to take over the surface world. I know this because none of them ever mention it — or so Samuelson would say.

Posted in Uncategorized | Tagged: , , , , , , , | 2 Comments »

GOP Under Attack for Attacking Medicare, Seniors

Posted by Phoenix Woman on April 27, 2011

Just as Scott Walker and his fellow Wisconsin Republicans triggered a backlash when they attacked Wisconsin public and private-sector workers, unionized or not, the Republicans in Congress just tripped over a hornet’s nest when they let the masks slip a bit too soon on their anti-people agenda:

Representative Paul D. Ryan [R-WI], the architect of the Republican budget proposal, faced a packed town meeting, occasional boos and a skeptical audience as he tried to lay out his party’s rationale for overhauling the health insurance program for retirees.

In a church theater [in Fort Lauderdale, Florida] on Tuesday evening, a meeting between Representative Allen B. West and some of his constituents began on a chaotic note, with audience members quickly on their feet, some heckling him and others loudly defending him. “You’re not going to intimidate me,” Mr. West said. 

After 10 days of trying to sell constituents on their plan to overhaul Medicare, House Republicans in multiple districts appear to be increasingly on the defensive, facing worried and angry questions from voters and a barrage of new attacks from Democrats and their allies.

The proposed new approach to Medicare — a centerpiece of a budget that Republican leaders have hailed as a courageous effort to address the nation’s long-term fiscal problems — has been a constant topic at town-hall-style sessions and other public gatherings during a two-week Congressional recess that provided the first chance for lawmakers to gauge reaction to the plan.

An example of the response came Tuesday as Representative Daniel Webster, a freshman Republican from Florida, faced an unruly crowd at a packed town meeting in Orlando, where some people, apparently organized or encouraged by liberal groups, brandished signs saying “Hands Off Medicare” and demanded that he instead “tax the rich.”

Republicans are trying to hit back with a series of ads and robocalls — but curiously enough, the ads and robocalls don’t mention Paul Ryan’s granny-kicking, Medicare-killing budget. They’re also desperately trying to screen their town halls to keep out anyone who might give them anywhere near as hard a time as the orchestrated conservatives and Republicans who disrupted town halls last year and in 2009 gave Democratic congresscritters.

Posted in (Rich) Taxpayers League, 111th Congress | Tagged: , , , , , , | Comments Off on GOP Under Attack for Attacking Medicare, Seniors

Death Of A Talking Point

Posted by Phoenix Woman on February 9, 2010

Remember how the Republicans were yammering to anyone with a microphone that the Democrats were going to cut Medicare Advantage as part of the health care reform package?

Well, guess what: The Republicans don’t want to just cut one part of Medicare — they want to kill the whole Medicare program dead, dead, dead! And kill Social Security, too!

To be clear about the difference, though, the Democrats had a targeted proposal to try to eliminate specific inefficiencies. They want to take out some bonus subsidies to private insurance firms that Republicans larded onto Medicare in the 1990s. And they have a plan for a beefed-up Medicare payments commission that, in theory, should allow reimbursement rates to be made in a more technically sound manner. Some people claim these measures will have an adverse impact on patients, but that’s really a quite debatable claim.

The House GOP budget, by contrast, just goes after Medicare with a chain saw. Right now, the rapidly rising cost of health care implies rapidly increasing Medicare costs. Ryan doesn’t have a plan to control those exploding costs. Instead, his plan is to refuse to pay the bill. This saves a ton of money. If instead of paying for old people’s health care you just . . . don’t pay for their health care, then you reduce expenditures a great moment. But the reason nobody’s come up with this genius proposal before is that we’ve had a decades-long commitment to finding a way to ensure a dignified retirement, including adequate medical care.


Posted in 2010, health care, Republicans, Republicans acting badly, Republicans as cancer, Silly Republicans, Social Security | Tagged: | 2 Comments »

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