GOP and trump considering Medicare cuts in his second term

[kyzr]

1. Medicare will go bankrupt in 2026, so the Debt Clock is bullshit
2. SS will go into default in 2034, paying 80% of promised benefits until 2090, when it actually goes bankrupt
3. What happens to Welfare and Medicaid? Those need to be closed to pay for "owed" benefits for Medicare and SS payees.
4. What about the "fixes for SS & Medicare?

A. Social Security will be unable to meet obligations (not technically "bankrupt") in 2034, paying only 79% of owed benefits, while it will be actually bankrupt around 2090.
The Future of America’s Entitlements: What You Need to Know about the Medicare and Social Security Trustees Reports - AAF

Social Security fixes:
https://www.fool.com/retirement/2018/05/21/how-warren-buffett-thinks-we-should-fix-social-sec.aspx

https://money.usnews.com/money/blogs/planning-to-retire/2014/11/14/5-potential-social-security-fixes

https://www.aarp.org/work/social-security/info-05-2012/future-of-social-security-proposals.html


B. Medicare will be insolvent in 2026
https://www.forbes.com/sites/howardgleckman/2018/06/06/no-medicare-wont-go-broke-in-2026-yes-it-will-cost-a-lot-more-money/#d2edb707eb1c

The Future of America’s Entitlements: What You Need to Know about the Medicare and Social Security Trustees Reports - AAF

Medicare Fixes:
https://www.fool.com/retirement/general/2016/03/27/7-ways-to-fix-medicare.aspx

https://thehill.com/opinion/healthcare/369151-fix-what-weve-got-and-make-medicare-right-this-year

https://www.nationalaffairs.com/publications/detail/how-to-save-and-fix-medicare

https://www.aarp.org/content/dam/aarp/health/medicare-and-medicaid/2012-05/The-Future-Of-Medicare.pdf

Your first line is malarkey so I don't need to bother with reading any further, thank you, thank you very much.

I put up a link from Forbes, and you put up malarky. Read and learn or keep posting in ignorance.

Rebuttal:
Reagan, Deregulation and America’s Exceptional Rise in Health Care Costs

How does that Reagan link from 1980 stop Medicare from going bankrupt in 2026?
I provided "Medicare fixes" that need to happen to keep Medicare afloat.

 

[JimH52]

In the last few days trump has shown himself to be impulsive....ignorant....and an authoritarian. His Tweets should like something from a Dictatorship.....think about it.

He basically called the Chair of the Federal Reserve an enemy....a man HE nominated.

He ORDERED private companies to stop doing business with China.
(I wonder if Ivanka is closing her sweat shops in China)

He insults the intelligence of sane Americans every time he speaks or Tweets.

He is an embarassment. .

 

[Oldstyle]

So Bernie is going to impose a "Robin Hood tax" on Wall Street? Good luck getting that passed! Bottom line is this (and it never changes!)…to pay for all the new entitlements that you progressives want...taxes WILL have to be raised and not by just a little! So be honest with America for a change. Tell the average American how much their share is going to be in order for you to have your progressive agenda put into place and let them make up their minds about whether that's something they really want!

No, we can discuss the program but the bottom line is you were wrong.

It's not rocket science...simple math will suffice! You could tax the wealthy at 100% and it STILL wouldn't pay for your proposed entitlements! The bottom line is that the only way you can make the numbers come close to working is if you raise taxes substantially on the Middle Class. So why aren't you and Bernie being honest with the American people about what your agenda will actually cost?

Neither of us have argued it would all be funded by the "rich".

So you're admitting that in order to pay for your progressive agenda...the Middle Class would be paying a massive tax increase? Funny...I've NEVER heard anyone on the left actually come out and say that's so and yet that's always what happens! Good luck running on that in the coming election!

You can address what I say or spin it to fit your argument. What I say doesn't change though.

I don't want what you say to change! You just admitted that in order to have free college, Medicare for all and the Green New Deal that the Middle Class would have to absorb a massive tax increase! As I said earlier...have fun running on that!

 

[JustAGuy1]

I have a dear friend that is fighting cancer cause she didn't have insurance coverage while she was working menial jobs....no colonoscopy....no mammogram.....no check up.

But the GOP is fine with poor people dying....cause the rich can afford great medical insurance and STILL GET FAT!

Does she have coverage now? The ACA has been in effect since 13, when was she diagnosed?

 

[Oldstyle]

In the last few days trump has shown himself to be impulsive....ignorant....and an authoritarian. His Tweets should like something from a Dictatorship.....think about it.

He basically called the Chair of the Federal Reserve an enemy....a man HE nominated.

He ORDERED private companies to stop doing business with China.
(I wonder if Ivanka is closing her sweat shops in China)

He insults the intelligence of sane Americans every time he speaks or Tweets.

He is an embarassment. .

Ah, yes..."sane" Americans! More like he pushes the buttons on triggered snowflakes every time he speaks or Tweets! I think Trump revels in his ability to make you rant and rave, Jim! He spends five minutes Tweeting and you clowns spend the whole day responding to him!

 

[Oldstyle]

I have a dear friend that is fighting cancer cause she didn't have insurance coverage while she was working menial jobs....no colonoscopy....no mammogram.....no check up.

But the GOP is fine with poor people dying....cause the rich can afford great medical insurance and STILL GET FAT!

Does she have coverage now? The ACA has been in effect since 13, when was she diagnosed?

Awkward question for the Jimster, JustAGuy! Why DIDN'T his friend have insurance coverage? Because the economy was so bad under Barry that she couldn't afford even a subsidized policy through the ACA? Or is that just Jim trying to toe the liberal line with another "The GOP hate poor people!" narrative?

 

[Lesh]

He basically called the Chair of the Federal Reserve an enemy....a man HE nominated.

It used to be said that "When the Fed Chair sneezes...the stock market catches a cold"

And Trump does THIS??

 

[pknopp]

No, we can discuss the program but the bottom line is you were wrong.

It's not rocket science...simple math will suffice! You could tax the wealthy at 100% and it STILL wouldn't pay for your proposed entitlements! The bottom line is that the only way you can make the numbers come close to working is if you raise taxes substantially on the Middle Class. So why aren't you and Bernie being honest with the American people about what your agenda will actually cost?

Neither of us have argued it would all be funded by the "rich".

So you're admitting that in order to pay for your progressive agenda...the Middle Class would be paying a massive tax increase? Funny...I've NEVER heard anyone on the left actually come out and say that's so and yet that's always what happens! Good luck running on that in the coming election!

You can address what I say or spin it to fit your argument. What I say doesn't change though.

I don't want what you say to change! You just admitted that in order to have free college, Medicare for all and the Green New Deal that the Middle Class would have to absorb a massive tax increase! As I said earlier...have fun running on that!

I never argued for free anything.

 

[TNHarley]

Oh what would the oldsters do if it weren't for Big Daddy Big Gubmint breaking their legs, then handing them a crutch and telling them how lucky that they are to have "free" Medicare?!?

The more you post, the dumber you prove to be. You don't like government? Go somewhere you might find tolerable, a deserted tropical island could be your panacea for your hate of being governed.

America was a country built on hating government you fucking retard.

Those who call others "fucking retards" have nothing of substance to offer, and lack the ability to post anything thoughtful or thoughtfully provoking.

I made my point in a few words. Yet all you do is attack. Nice awareness, dumbfuck.

 

[Markle]

You either know how it works or you don't. I imagine you do.

documented below with highly credible, primary sources, Krugman uses a half-truth to weave a narrative that is diametrically opposed to reality. Furthermore, when pressing his case, Krugman critically fails to mention that since QE began in 2009, the wealth of the economic elite has soared, while that of the middle class has fallen.

Quantitative Easing: Who Wins and Who Loses? - Just Facts

Shock! Dodged the question.

Paul Krugman, the idol of the Socialist and oh, so accurate!

The New York Times
Paul Krugman: The Economic Fallout
By Paul Krugman
12:42 AM ET Wednesday, November 9, 2016

It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?

Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down on my list of things to fear.

Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.
[…]
Paul Krugman: The Economic Fallout

Krugman is a partisan hack but the article wasn't posted to discuss Krugman.

Was it NOT you who first posted the name Paul Krugman? Was the article not the opinion of Paul Krugman?

You have though, proving that you have not a clue how quantitative easing works and therefore your claim that it helps only billionaires is bogus as well. Typical Progressive. As Shakespeare wrote, Progressives are "full of sound and fury signifying nothing".

 

[Oldstyle]

It's not rocket science...simple math will suffice! You could tax the wealthy at 100% and it STILL wouldn't pay for your proposed entitlements! The bottom line is that the only way you can make the numbers come close to working is if you raise taxes substantially on the Middle Class. So why aren't you and Bernie being honest with the American people about what your agenda will actually cost?

Neither of us have argued it would all be funded by the "rich".

So you're admitting that in order to pay for your progressive agenda...the Middle Class would be paying a massive tax increase? Funny...I've NEVER heard anyone on the left actually come out and say that's so and yet that's always what happens! Good luck running on that in the coming election!

You can address what I say or spin it to fit your argument. What I say doesn't change though.

I don't want what you say to change! You just admitted that in order to have free college, Medicare for all and the Green New Deal that the Middle Class would have to absorb a massive tax increase! As I said earlier...have fun running on that!

I never argued for free anything.

It's the Democratic Party's ONLY argument right now, Pknopp! They hope to win elections promising people freebies. Their narrative is that if you're poor then elect us and we'll give you a bunch of stuff and have rich people pay for it! The only problem with that narrative is every time they TRY to tax the rich...the rich play the game better than they do. The rich move their assets into tax free hiding places and wait for sanity to return. You want to see what happens when government goes after the wealthy? Look at what took place in New Jersey when they implemented a steep tax on millionaires.

 

[JimH52]

He basically called the Chair of the Federal Reserve an enemy....a man HE nominated.

It used to be said that "When the Fed Chair sneezes...the stock market catches a cold"

And Trump does THIS??

The universe revolves around trump....which may explain his waist line.....

 

[JustAGuy1]

He basically called the Chair of the Federal Reserve an enemy....a man HE nominated.

It used to be said that "When the Fed Chair sneezes...the stock market catches a cold"

And Trump does THIS??

The universe revolves around trump....which may explain his waist line.....

"Does she have coverage now? The ACA has been in effect since 13, when was she diagnosed?"
Answer it bit*h

 

[pknopp]

You either know how it works or you don't. I imagine you do.

documented below with highly credible, primary sources, Krugman uses a half-truth to weave a narrative that is diametrically opposed to reality. Furthermore, when pressing his case, Krugman critically fails to mention that since QE began in 2009, the wealth of the economic elite has soared, while that of the middle class has fallen.

Quantitative Easing: Who Wins and Who Loses? - Just Facts

Shock! Dodged the question.

Paul Krugman, the idol of the Socialist and oh, so accurate!

The New York Times
Paul Krugman: The Economic Fallout
By Paul Krugman
12:42 AM ET Wednesday, November 9, 2016

It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover?

Frankly, I find it hard to care much, even though this is my specialty. The disaster for America and the world has so many aspects that the economic ramifications are way down on my list of things to fear.

Still, I guess people want an answer: If the question is when markets will recover, a first-pass answer is never.
[…]
Paul Krugman: The Economic Fallout

Krugman is a partisan hack but the article wasn't posted to discuss Krugman.

Was it NOT you who first posted the name Paul Krugman? Was the article not the opinion of Paul Krugman?

You have though, proving that you have not a clue how quantitative easing works and therefore your claim that it helps only billionaires is bogus as well. Typical Progressive. As Shakespeare wrote, Progressives are "full of sound and fury signifying nothing".

since QE began in 2009, the wealth of the economic elite has soared, while that of the middle class has fallen.

 

[pknopp]

Neither of us have argued it would all be funded by the "rich".

So you're admitting that in order to pay for your progressive agenda...the Middle Class would be paying a massive tax increase? Funny...I've NEVER heard anyone on the left actually come out and say that's so and yet that's always what happens! Good luck running on that in the coming election!

You can address what I say or spin it to fit your argument. What I say doesn't change though.

I don't want what you say to change! You just admitted that in order to have free college, Medicare for all and the Green New Deal that the Middle Class would have to absorb a massive tax increase! As I said earlier...have fun running on that!

I never argued for free anything.

It's the Democratic Party's ONLY argument right now, Pknopp!

I nor Sanders argued for free anything. I do not care what you think of the Democratic party.

 

[Oddball]

Those who call others "fucking retards" have nothing of substance to offer, and lack the ability to post anything thoughtful or thoughtfully provoking.

While Jacobin asswipes who tell others to move to a desert island are engaging in meaningful discourse of substance.

I didn't call you a fucking retard, I simply explained that your ideology was bankrupt, and that you hate government and would do well on a dessert island. In fact that would make the USMB a better place. Whiners like you are a bore.

My ideology is bankrupt?..This coming from a douchebag who never earned a dollar that wasn't first confiscated from someone else, under threat of force, in his entire adult life.

You're no better than a protection racketeer, psycho.

 

[Admiral Rockwell Tory]

So, I will be able to collect SS after I am likely dead and buried?

We have two major groups of employees where I work. The older farts like myself who spend almost as much time in doctor's offices and VA as we do at work, just trying to hold it together until we hit 67, and then the youngsters (late 20s to early 30s) that are already on some percentage of disability, and all of that is due to military service.

I guess I can draw over $3000 a month VA disability versus $1800 a month SS rather than work.

You would not be impacted as you're over 55. My proposal would be those 55 and under must retire at 70 and those under 30 at 72. People are living much longer now and we have gyms, knowledge about diet, etc. to keep in better shape for when we do get older. Thank you for your service. NEVER FORGET.

Actually... last year was the first time in several decades that the average U.S. life-span went DOWN.

Your argument for retiring at a higher age only makes sense if the people retiring at that age can stay healthy... so you just made the argument for Medicare for all! Congrats you just argued away one social program to institute another.

Nope. I did not. We are not as healthy because we are fat. Stop eating so damn much. Most persons have private pay nothing wrong with that but those who don't have it and are indigent and are citizens have medicaid. You're just trolling now. Congrats for being a douche.

Nice try, but no cigar. Your argument is that people need to work longer in order to retire older. In order for that to work people are going to need better healthcare and the ability to afford their medicines.

Then you pivot into eating better and being less obese. Well... if you want that to work you are going to need some more programs to send people to eating the right foods, getting federal hands into the fast food restaurants forcing them to serve healthier food, and spending lots of extra money on proper exercise awareness, especially in youth.

You see where this is going? You are arguing for supplementing a social program with more social programs.

Either that or we let the unhealthy people that can not work yet aren't old enough to retire, to be left out in the cold and die, or spend federal money to open assisted suicide centers to get these leeches off the government tit! Congrats, you are just as much a socialist as they people you hate.

#1) You assume old people need meds. My parents are old (71 and 78) and don't take meds.

#2) People know how to eat and most companies provide free gym memberships or reimburse their employees. There is zero excuse for being out of shape sans laziness.

#3) I am saying people retire later so they collect SSI later and get on medicate later. Stay on their private insurance longer.

#4) If you're fat and cannot work anymore but you're too young to retire that is a you problem. Take better care of yourself.

When people retire, they are not always eligible for SSI. You are using the wrong term.

 

[Admiral Rockwell Tory]

#1) Why? If they can do it anyone can.

Right. It's just a matter of will huh?

Dope

Yeah. I think so. Stay healthy and stay on your private insurance longer. Seems simple. To make the country better we all need to make some sacrifices.

You are lucky that your are not stuck with hereditary medical issues.

It's funny how that works. No one in my father's or mother's family has ever had cancer. However diabetes runs in my mother's family and heart disease in my father's family. So far, my brother and I are in our late 50s and neither has major health issues except for the diabetes. Within the past three years, my son and a grandson have both been diagnosed with cancer at the ages of 30 and 12.

I think you have a little arrogant attitude about health issues. I think you should stop and consider there are more issues to it than you are admitting.

 

[Admiral Rockwell Tory]

Nice try, but no cigar. Your argument is that people need to work longer in order to retire older. In order for that to work people are going to need better healthcare and the ability to afford their medicines.

Then you pivot into eating better and being less obese. Well... if you want that to work you are going to need some more programs to send people to eating the right foods, getting federal hands into the fast food restaurants forcing them to serve healthier food, and spending lots of extra money on proper exercise awareness, especially in youth.

You see where this is going? You are arguing for supplementing a social program with more social programs.

Either that or we let the unhealthy people that can not work yet aren't old enough to retire, to be left out in the cold and die, or spend federal money to open assisted suicide centers to get these leeches off the government tit! Congrats, you are just as much a socialist as they people you hate.

#1) You assume old people need meds. My parents are old (71 and 78) and don't take meds.

#2) People know how to eat and most companies provide free gym memberships or reimburse their employees. There is zero excuse for being out of shape sans laziness.

#3) I am saying people retire later so they collect SSI later and get on medicate later. Stay on their private insurance longer.

#4) If you're fat and cannot work anymore but you're too young to retire that is a you problem. Take better care of yourself.

#1. Using just your parents as an example against the majority of the country is insanely idiotic and illogical.

#2. You need to back up this outrageous statement with FACTS because it is patently false.

#3. People don't just magically retire at an older age because you want them to. It takes sweeping change which I already mentioned.

#4. If you think all obesity and inability to work is the individuals fault, you are either beyond ignorant, lived in a bubble all your life, or are just a troll. You can answer that one to yourself as it is rhetorical... you are obviously all 3.

#1) Why? If they can do it anyone can. They came here with nothing as immigrants and didn't speak the language.

#2) Everyone has a smart phone and most chain restaurants list calories. If people are stupid and don't know that fatty foods are bad for them then its on them. Its like saying people don't know its dangerous to smoke or drink.

#3) Yeah so anyone under 55 has to wait 2.5 more years. And anyone under 30...has to be 72. I just gave them 42 years+ of notice.

#4) F U. People need to take personal responsibility. You're such a coward and a wimp. Not my fault you're fat. Join a gym. Did I hit a nerve?

#1. If you truly believe that you are dumber than I thought. Not everyone is born with the same genetics, born into the same situation, has been able to live the same life lacking zillions of possible emergency situations, etc. etc. etc. Yes, LOTS of unavoidable circumstances. At this point you would be better off admitting to trolling than saying this is a genuine answer.

#2. No, not everyone has a smart phone. I don't own a smart phone and don't want one. I do not want a crutch to walk around like a zombie not actually living life.

#3. Have you even read what I've said to you? Last year was the first in SEVERAL DECADES that US life-spans went DOWN. Just 2.5 more years? Sounds great except:

"The new average life expectancy for Americans is 78.7 years, which puts the U.S. behind other developed nations and 1.5 years lower than the Organisation for Economic Cooperation and Development (OECD) average life expectancy of 80.3. The OECD is a group of developed countries that includes Canada, Germany, Mexico, France, Japan, and the U.K."

Why Life Expectancy in the U.S. Dropped Again This Year

So hey! You can retire just about the same time you will die. Hope you enjoyed life!

#4. Ad hominem attack. This doesn't surprise me as it is only like your hundredth logical fallacy in this thread. I must have struck a nerve in you, as I just asked you to support all your B.S., and THIS is your best response?

#1) You're discussing outliers. 95% of people should be able to stay on private insurance and not get fat and unhealthy. We have much more data on health now than we did 50 years ago. Google "eating healthy". Not hard.

#2) You don't own a phone?!?!?!? LMAO! You're old.

#3) It went down to 79. If you retired at 70 you still live nine years. Not bad and it is mostly due to obesity and auto accidents. We drive more than people in those countries.

#4) Dude, you're fat and unhealthy. Just change your life.

As to your #1) If private insurance is forced to cover people longer, do you not realize there will be a corresponding increase in premiums if they are insuring older customers? I'll bet you didn't think of that, did you?

 

[Admiral Rockwell Tory]

#1) You assume old people need meds. My parents are old (71 and 78) and don't take meds.

Wow isn't that nice. I don't believe it but even if your aren't lying as usual they are the extreme outliers

Herr Lesh, do you take meds? I do not. Maybe an Advil here or there.

DO you know anyone over 55? I do and most are taking at least SOME kind of drugs...whether it be to control diabetes,hypertension,collesteral...heart issues...cancer...bursitis...

What planet do you live on? Jesus...are you 12?

You mean cholesterol. Of course I do. These people don't have private insurance? Nothing would change for them. I am stating to make a change for those under 55 and under 30. What the hell are you complaining about. Diabetes may be controlled by diet. Cholesterol as well. Heart issues as well. Cancer can impact anyone regardless of age, take some Aleve for bursitis.

That's about the fourth dumbass statement you have made. Diabetes cannot be controlled by diet! It is genetic in many cases. My grandmother was diabetic, my mother was diabetic and so am I! I was diagnosed as a Type 2 diabetic when I was a few months out of the military and probably in the best physical shape in my entire life.