Tuesday, December 15, 2009

HAPPY HOLIDAY HEALTHCARE ADDENDUM

SCRATCH THE MEDICARE EXTENSION TO AGE 55?

The New York Times reported today that Senator Harry Reid of Nevada, Democratic Senate Majority Leader, has announced the scuttling of the idea to extend Medicare coverage to some Americans aged 55-64. May there be a special place in hell for those, who are scuttling this good idea!

So far Congress has written off $60-billion in bail-out money to prop up banking and investment and insurance firms, as well as automobile manufacturers. Result? The cost of automobiles has doubled, so those most needing automobiles cannot afford to buy them, whether new or used; so, the automobile industry is again flat.... And, we have no positive healthcare reform!

That $60-billion alone could have significantly financed healthcare reform. May we remember as well that the crisis in Medicare and Social Security funding began years ago with the inappropriate use of Social Security funds by Congress for purposes other than Social Security?

In the previous post to which this post is an addendum I exclaimed, "DO THE MATH!" So, here is a good idea -- extension of Medicare to age 55 -- being scrapped and thus compounding a bad idea (cutting Medicare by 25%)....

"Let them eat cake...."

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