Three things you might not know about the Paul Ryan budget:
1. It’s changed: Claims that Ryan’s plan would force seniors out of the traditional Medicare system and into the private market are outdated. Last year’s version of Ryan’s Medicare proposal would have ended the fee-for-service system for new enrollees in 2022, replacing it with a private-market voucher program. But the current plan gives new enrollees a choice between the two Medicare systems, beginning in 2023.
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WOW! The Globe suddenly claims that it is a credible source of economic news? Why don't you tell us about the latest F.O.M.C. meeting? Gas and oil prices? Corn prices? Wheat prices? Foreign exchange? Fannie and Freddie? And the BUDGET? You only know what the NY Times and the AP tell you, which isn't much. Why don't you read a REAL newspaper, like the WSJ or the financial Times? And if you disagree with Ryan's budget (of course since you only mention 3 things, then you know (or are telling the readers) NOTHING about it. There are FAR more than 3 things. And since you apparently don't like Ryan's budget why don't you COMPARE it to Harry Reid's or Barack Obama's.---Actually this is just a typical BIASED Globe opinion piece, aimed at people who think that they are reading a actual newspaper.-And EVERYBODY knows that CBO figures are based on multiple assumptions.---The Globe is out of its league here. It's expertise is in personal attacks and libel...
When people become Medicare eligible in 2023, why would they choose the "private" voucher system. When something is to privatized it means profit for that entity. The notion of competition to keep costs down is at best very questionable. Collusion between companies will assure that premiums never drop below a healthy profit margin. Say what you wish about Medicare today (including myself) I have never heard a complaint about coverage,and profit is not part of the system. Slowing the rate of growth is one part. Obama slowed it by 716 billion. Ryan`s plan includes an additional 800 billion. Means testing is another, or if a wealthy person doesn`t need the coverage give them tax breaks. The same can be done with SS. and like it or not raising the amount drawn from pay checks is necessary. There are ways to "fix" the system without resorting to draconian methods.
I'm nobody! Who are you? Are you nobody, too? Then there's a pair of us--don't tell! They'd banish us, you know. How dreary to be somebody! How public, like a frog To tell your name the livelong day To an admiring bog!