David Brooks: $150K Paid Into Medicare…$450K Taken Out – Yes, That Is Why Medicare Is Going Broke and the American People Are In Denial About the Size of Medicare and Other Entitlements and Why Blame Them…They Have Been and For the Most Part Are Being Lied To By THEIR “Elected Leaders” About How Bad the Fiscal Situation Of the American Republic Really Is – Our Parents Are On Medicare and We Have Seen the Waste and Over-the-Top Amounts of Healthcare They Are Given…And Why Blame Seniors…The US Government Has Given Them Unlimited Healthcare For A Very Small Amount of Money and They Are Using That Healthcare In Massive Quantities – Either Someone Is Going To Start Telling the TRUTH To the American People Or America Is Going To Continue to Get Weaker and Is There Anyone With A Lick of Common Sense That Wants A Weaker America…Besides The Terrorists Of Course
Over the weekend on NBC’s Meet the Press David Brooks (NY Times columnist) laid out the essential problem that most of the chattering classes in Washington DC are not willing to deal with in the Real World that all of us Americans live in…as opposed to the Fantasy that is Washington DC in 2011 where the American People’s hard-earned money is wasted with little concern for tomorrow forget about 10 years from now.
David Brooks on NBC’s Meet the Press: “Today the average senior puts about $150,000 into Medicare during their working lifetime and they take out $450,000 during their retirement years.”
$150,000 paid into Medicare by average senior
$450,000 taken out of Medicare to pay health care costs for the average senior.
Since many of us here at Mad As Hell And… have parents that are in their retirement years and on Medicare the above numbers do not surprise us at all because people given access unlimited amounts of healthcare for a very small amount of money will use that healthcare a lot and the doctors giving out that healthcare will of course take advantage of the ability to bill the US Government for all manner of things and the drug companies will work with those doctors to prescribe as many Damn drugs as possible. We know that to be a FACT because we work very hard to keep up with our parents health and every time we turn around our parents are being sent for tests and are being given new drugs to take and when we check with our doctors about these things those doctors’ reactions vary from a suspicious roll of the eyes to a demand we stop what is going on with our parents (and sometimes our doctors calling our parents doctors to find out what the Hell is going on because the treatment sounds so Bogus). Yes, $150K in and $450K out for Medicare makes complete sense to us because we are seeing this money being spent on our own parents and in our opinion the healthcare system and many doctors in this system are taking advantage the US Government which is easily the greatest waster of money in the history of Man and Woman on Planet Earth.
“Despite growing concerns about the country’s long-term fiscal problems and an intensifying debate in Washington about how to deal with them, Americans strongly oppose some of the major remedies under consideration, according to a new Washington Post-ABC News poll.
The survey finds that Americans prefer to keep Medicare just the way it is. Most also oppose cuts in Medicaid and the defense budget. More than half say they are against small, across-the-board tax increases combined with modest reductions in Medicare and Social Security benefits.”
$150K into Medicare and $450K taken out and a majority of the American People “strongly oppose” changes to Medicare and Social Security.
Yes, the American People are in denial and they are in denial because “Political Leaders” in both parties have been lying to the country about what is really going on in America today with the nation’s finances and it is a FACT that raising taxes on the “rich” and making small cuts to government spending will not come close to closing the gap between current spending, future obligations and paying off the debt that is hidden all over the place that has been issued in the name of the American People.
…and that reality is getting worse everyday because Americans are putting $150K into Medicare and taking out $450K and that $150K has been and is being sent to the US Government in Dollars that are losing value as the US Government itself is on an All-Out campaign to destroy OUR country’s currency.
Certainly, the general fiscal situation of the United States of America cannot be blamed on President Obama, but the last Two Trillion Dollars in Debt and then the next Trillion or two is under Obama’s watch and the President’s budget that was presented back in March is little more than a pathway to bankruptcy for the American Republic with another $10 Plus Trillion Dollars being added to the National Debt and that means that Barack Obama does not even pass the laugh test or as Robert Samuelson of Newsweek says…
The Adult Test.
“Suppose we increased the federal gasoline tax by 25 cents a gallon, from 18.4 cents to 43.4 cents. That would raise $291 billion over the decade from 2012 to 2021, estimates the CBO. Or we could advance the ages for early and full Social Security benefits; one suggestion is to raise them (now 62 and 66) by two months a year until reaching predetermined targets (say, 64 and 70). The CBO reckons the decade’s savings at about $264 billion. How about slowly moving Medicare’s eligibility age from 65 to 67. The savings: $125 billion.
We aren’t having this debate, and President Obama is mainly to blame. His recent budget speech at George Washington University was a telling model of evasion, contradiction and deception. He warned that by 2025 present tax levels would suffice only to pay for “Medicare, Medicaid, Social Security and the interest we owe on our debt. … Every other national priority — education, transportation, even our national security — will (be paid) with borrowed money.” He noted that businesses may not invest in a country that seems “unable to balance its books.”
Fine. But Obama has no plan to balance the budget — ever. He asserted “every kind of spending (is) on the table.” But every kind of spending is not on the table. He virtually ruled out cutting Social Security, the government’s biggest program (2011 spending: $727 billion). For example, Social Security is excluded from a proposed “trigger” that would automatically reduce spending and raise taxes if certain deficit targets weren’t met. He also put Medicare (2011 spending: $572 billion) largely off-limits.
The president keeps promoting an “adult conversation” about the budget, but that can’t happen if the First Adult doesn’t play his part. Obama is eager to be all things to all people. He’s against the debt and its adverse consequences, but he’s for preserving Social Security and Medicare without major changes.”
And the President of the United State is going to demagogue Medicare and Social Security to get re-elected in 2012 when there are now some real leaders in Washington DC that are willing to step-up and tell the American People the TRUTH about government spending and future obligations that have been promised to the country that cannot be met without crushing taxes that will destroy the American economy?
OK, demagogue the issue if you like President Obama but please don’t tell us that you give two rips about all of our children that will have to pay these bills when they come due in the future, but then you are allowing the Federal Reserve to destroy the American People through money printing and just like W. Bush you are allowing Wall Street to run all over the People of our nation so Democrat or Republican in the White House it is always just business as usual for Washington DC leaders….and that is shameful.
The thing that is so stunning about the politics that is being played around the very real problems that are facing the American Republic and People is that the world is a very dangerous place and it will get much more dangerous if America is significantly weakened which is the certain outcome if our “Elected Leaders” continue to lie to the American People about the seriousness of the problems facing the country and what must be done….like NOW….to save the country from a downward slide that will change the world and very much for the worse.