Medicare spending down; Republicans panic

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  1. Pcunix profile image92
    Pcunixposted 6 years ago

    http://topicfire.com/share/Slower-Growt … 25605.html

    The most serious long-term threat to the nation's fiscal health is decreasing.   Republican policy makers are reportedly panicking as they frantically search for  some other way to decry the evils of big government..

    1. Wesman Todd Shaw profile image98
      Wesman Todd Shawposted 6 years agoin reply to this

      ~digs through "Atlas Shrugged" for just the right nonsensical and false reality fantasy fiction bit for this situation of utmost importance~







      http://s2.hubimg.com/u/6288541_f248.jpg

    2. profile image0
      JaxsonRaineposted 6 years agoin reply to this

      Yes, we almost got down to not growing spending more than gdp... but that doesn't really matter.

      This is what matters:

      "Medicare costs (including both HI and SMI expenditures) are projected to grow substantially from approximately 3.6 percent of GDP in 2010 to 5.5 percent of GDP by 2035, and to increase gradually thereafter to about 6.2 percent of GDP by 2085."

      We're never going to have GDP at 5 percent, at least not as an average. Those future projections in your article don't fit with the trustees report.

      1. Pcunix profile image92
        Pcunixposted 6 years agoin reply to this

        Yawn.

        1. profile image0
          JaxsonRaineposted 6 years agoin reply to this

          Lol.

          If you read the trustees report, they even say that Part B isn't where the costs are going to come from, so it's not the problem. But, we'll pretend that everything is going to be ok.

          1. Pcunix profile image92
            Pcunixposted 6 years agoin reply to this

            Everything will be ok.  As long as Obama is elected.,

            1. profile image0
              JaxsonRaineposted 6 years agoin reply to this

              Yes, Obama can raise taxes on the rich(including upper middle class) to pay for the deficit, and spend a few more dozen trillion dollars that the government doesn't have.

              1. Pcunix profile image92
                Pcunixposted 6 years agoin reply to this

                Exactly right.  We can solve a lot of problems with sane tax policy.

                Giving breaks to millionaires isn't sane.

            2. Evan G Rogers profile image73
              Evan G Rogersposted 6 years agoin reply to this

              HEIL OBAMA!

    3. Evan G Rogers profile image73
      Evan G Rogersposted 6 years agoin reply to this

      People should be able to opt out of medicare and social security.

      Given this choice, both systems would fall apart within a decade.

      1. Pcunix profile image92
        Pcunixposted 6 years agoin reply to this

        There are REASONS why we implemented this.  As usual, you ignore the history behind these programs.  These came from real social need.

      2. Josak profile image60
        Josakposted 6 years agoin reply to this

        In Australia you can opt out of medicare any time you want, only a minute fraction of people do and it's only because they are very very wealthy and get a high rate private insurance instead.

  2. chefsref profile image78
    chefsrefposted 6 years ago

    Let's see, the stock market is around 13000, private businesses are hiring, the economy is growing and unemployment is declining. This stuff happened because Satan has his sights on America (just ask Rick Santorum)
    This is all bad news for Republicans but they have a backup plan.
    Don't panic, lets just call their women sluts, stop private insurance from paying for birth control pills and force an ultrasound probe into the vagina of any woman that wants an abortion.
    How could they lose with positions like that?

    1. Evan G Rogers profile image73
      Evan G Rogersposted 6 years agoin reply to this

      The Austrian Business Cycle explained in relation to your post:

      Employment is increasing (maybe: some data shows that most of the lowering of UE is because of people just not looking for jobs anymore). This is because the banks can lend money.

      Banks can lend money because they are getting money from the federal reserve.

      The fed has money because they create it out of thin air. This leads to inflation.

      Price inflation is getting stronger and stronger in the US, but not as high as it should be.

      This is because people in Europe are fleeing from the Euro and buying dollars.

      --- as inflation increases (it certainly will), businesses will begin to fail because they didn't invest their money expecting higher prices.

      then the crash comes.

      1. chefsref profile image78
        chefsrefposted 6 years agoin reply to this

        Welcome to the 1920s Evan, do you have anything from this century?
        John Quiggin says the Austrian business cycle theory "hasn’t developed in any positive way" since the 1920's, and has since become "ossified dogma"

        1. Evan G Rogers profile image73
          Evan G Rogersposted 6 years agoin reply to this

          John Quiggin didn't predict any of the major economic events that happened in the past 100 years. In fact, Keynesians MIS-predicted every single one.

          The Austrians predicted them all.

          lolololololol.

  3. rebekahELLE profile image87
    rebekahELLEposted 6 years ago

    http://a1.sphotos.ak.fbcdn.net/hphotos-ak-ash4/s320x320/430405_388772911134604_216446038367293_1535063_1110283207_n.jpg

    1. Evan G Rogers profile image73
      Evan G Rogersposted 6 years agoin reply to this

      The same cartoon could be made of the Democratic Party.

      Platforms change on a monthly basis.

      1. rebekahELLE profile image87
        rebekahELLEposted 6 years agoin reply to this

        lol, not this time.  Sadly, they make a very good cartoon.

 
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