Posted on 09/08/2021 5:46:02 AM PDT by Kaslin
Democrats have made a living in recent times with political attack ads fallaciously accusing Republicans of secret plans to destroy Medicare and Social Security. In one famous TV ad, then-House Speaker Paul Ryan was depicted as shoving an elderly woman in a wheelchair off a cliff.
Well, Republicans may want to reprise that ad – and toss it back at Biden Democrats. New reports in recent days from the Congressional Budget Office and the Social Security trustees show both these programs running out of money much sooner than previously expected.
Under current law, Medicare goes into the red in 2026, and then over the next 10 years, the losses mount to half a trillion dollars. Soon thereafter, the system is insolvent and flat out of money to pay the bills. Social Security's finances are almost as rickety. The trust fund starts running out of money in 2034, and the losses eventually eclipse $1 trillion.
So, the worst thing Washington could do now is add more people on to the Medicare rolls and expand benefits. This only loads more passengers on to the decks of the Titanic and speeds its approach to the financial iceberg.
But that is exactly what President Joe Biden's plan does. Instead of fixing the Medicare finances, the Democratic plan expands benefits (to dental, vision and hearing) and lowers the age for benefits to 60. That will bring forward the trust fund's insolvency by two years: from 2026 to 2024.
An analysis by health experts at the Hoover Institution finds that the Biden plan would "increase the ten-year deficit by $394 billion with about 14 million Americans enrolling in at least Medicare Part A (which provides coverage for hospitalizations). The impact on Medicare spending would be even larger -- it would rise by almost $1 trillion over a decade."
The argument has long been that even when the Social Security and Medicare funds (the "lockbox," as Al Gore once called it) run out of money, the federal government will pay back the trillions of dollars of IOUs in the fund that have been borrowed by the "general fund" of the federal budget.
But where will that money come from? The Biden plan envisions trillions of extra borrowing over the next decade alone. How can we replenish Social Security and Medicare with funds if the rest of the budget is going bankrupt? This is like the Three Stooges gambit of trying to stop a sinking ship by scooping buckets of water out of one end of the boat and pouring it into the other side.
It is because of these flimsy finances that I have always advocated letting young people put their payroll tax dollars into a personal account so the money can't be stolen by politicians. There is no way that the government will have any money to pay benefits 40 years from now. But now, the crisis isn't 40 years away. It is five years away because of Biden's gargantuan debt plan.
The Democrats say they want to impose drug price controls to pay for some of these costs, but that will have two negative effects on seniors. First, price controls are linked to less innovation and slower races for the cures for diseases that afflict seniors, such as Alzheimer's and Parkinson's. Second, price controls may limit access to lifesaving and pain-alleviating drugs, as we see in other countries. This scheme only endangers the health of seniors.
I'm all for saving money on drug costs, but given the success of Operation Warp Speed, and the thousands of lives (mostly those over the age of 65) saved through this vaccine, why would we want to slow the development of new drugs?
Seniors are by far the biggest losers from the Biden scheme of adding trillions of dollars to our national debt. Democrats say they will pay for their $3.5 trillion debt scam by taxing the rich. Uh-huh. The Wall Street Journal recently reported that even if you took every penny that the millionaires and billionaires have, that still wouldn't pay for the mountain of new spending Biden wants. The piggy bank that they will raid is the Social Security/Medicare fund.
Now who's throwing grandma from the train?
Democrats have a;ready thrown grandma and grandpa over the cliff with Covid.
Whats wrong with these peasants? Don’t they know Uncle Joe Biden has to take care of all those Afghan refugees and illegals aliens.
Those pesky American citizens. Where do they get off thinking they should come first?
Honestly, the nerve of some people.
If grandma and grandpa survived the fall off the cliff they were sent to a nursing home to recuperate.
And, there is no diabolical master conspiratorial scheme behind any of this. All these people are nothing but pimps and whores who are devising schemes to keep themselves in their useless (albeit profitable) jobs.
Diane FineSwine is almost 100 years old. Incompetent. Stupid. Brain dead. But she still has a job. Why? She's in Kongress.
For all those mongrels, staying in office is job #1.
Biden wants over 90 billion to resettle a bunch of Afghans and at the same time has a bill ready to go that will restrict many drugs and medications to senior citizen Americans.
All to save money you know.
Actually the commercial of Ryano was accurate. He was pushing a conservative granny over the cliff.
The people we elect quickly become representatives of DC, not the state that sent them there. Once installed in office they become members of Team Swamp and never want to leave.
The biggest thing a kongressman fears is losing their seat and being sent back to the towns they came from and having to return to a mundane life of anonymity. I mean, with no useful skills, what are they going to do for a living?
They quickly learn that the best way to stay in their cushy jobs is to represent the interests of the Swamp. That way, even if they should lose their seat, they will still have a job in DC.
LOL. Actually Ryan was pushing ALL OF US over the cliff.
Vote Democrat:
Kill babies
Kill Seniors
Kill Jobs
Kill, Kill, Kill
A sure way to save S and Medicare is to make sure people don’t live long enough to collect benefits. That’s the way FDR set it up. Age to collect back then was 62 while life expectancy was 59.5 years.
The one piece of the puzzle you are missing is blackmail by the lobbyists (and the interests they represent).
Candidates are often chosen by the parties _because_ they can be blackmailed, and the “special interest” in their particular district “has the goods” on them.
That is how the game is played in the real world, and that is why many Congressman and Senators _cannot_ retire even though many would probably prefer spending their senior years at home gardening and playing with their grand-children.
cloward piven. crash it and build back better. better equals socialist paradise.
i weep for our children and their children
Man, I hate DemonRatz!
Congressman and Senators _cannot_ retire even though many would probably prefer spending their senior years at home gardening and playing with their grand-children
**************
As I said, one of their biggest fears is having to return back “home” to what will be a very boring life after their heady experience of being a big shot in DC.
They get used to the perks, the notoriety, the political events and lavish functions, the invaluable information flows, and of course the obsequious staffs in DC and in their field offices. After awhile all their colleagues and valued friends (and lovers) are concentrated in DC. Trust me, they never want to go back.
Have you seen how old some of these Congress-critters are?
Bidet is the classic case—it is the folks around the public figure that are reaping the main benefits....
The old-timer is just getting dragged around like a rag doll.
The fact they are in congress is proof of congress' irrelevance.
Even wealthy senators and representatives, some of whom have thriving businesses in their home states, do not want to go back home. Most of them will do anything to remain in DC. Well, anything except truly represent the interests and principles of the voters back home.
Our political system is thoroughly and irreparably corrupt. While not exactly a startling revelation, what is under appreciated is the true depth and breadth of that corruption. And it is permanent.
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