In Rep. Paul Ryan's 'The Path to Prosperity' budget, Medicare, the health insurance program that is loved by older Americans and hated by deficit hawks, will cease
to exist some time around 2022. The program - a lasting stipulation of Lyndon B. Johnson's Great Society - will be transformed into a voucher system, where anyone born after 1956 will be forced to seek private insurance instead of having the government pick up the bill. The HMO machine spurs on and, by 2033, you will have to be 67 to receive all of this good stuff.
Well, one main problem with this insurance realignment is that Americans in their 30s and 40s do not want to hear that
shit - according to a poll conducted by the Washing Post a year ago, 78% of Americans are opposed to Medicare cuts as a way to solve the deficit problem. And that makes absolute sense: who would want to give up their entitlements to fix a problem Washington created? National sacrifice is one thing but this is hard-earned health insurance we're talking about here, right?
Wrong. As the campaign season heats up during the later days of August, the most recent pseudo-controversy is the to-and-fro arguments over Medicare cuts by the two tents. The sides are pretty simple: the Obama/Biden camp believes government needs to continue to pick up the tab for elders while the Romney/Ryan camp seeks to shift responsibility over to the private insurance companies.
And today, down in Florida, Rep. Paul Ryan brought out his own mama to tell the world's largest retirement community at the Villages that the change in Medicare will not hurt them... just everyone else.More »