Friday, May 27, 2011
New York 26th
The fall out from the special election in New York's 26th congressional district has been interesting. You have Democrats saying that it is the coming end of the Republicans. You have Republicans saying that it is meaningless. The most interesting reaction comes from our own Paul Ryan. Congressman Ryan said that the Democrats ran a campaign based on untruths and fear mongering about medicare. That the media fell for it and essentially created an environment where they couldn't win. Come on Paul! How do you think the Republicans won in 2010? How many times did we hear how disastrous "Obamacare" was? How many times did we hear about the "failed stimulus"? How many times did we hear that Obama raised taxes? That campaign was all about fear mongering. The truth on Medicare in Congressman Ryan's budget is that it will only affect those under age 55, so he is correct in that the seniors have nothing to worry about, but he is wrong that the rest of us have nothing to worry about. The truth is that you will get $8000 dollars to purchase health insurance without any increase for inflation when health care costs are rising at around 20% per year. The increase has slowed in recent years so maybe this will be ok. The problem comes with whether you can get insurance for $8000? The problem is can you get insurance for $8000 if you have a pre-existing condition? The problem is can you get insurance for $8000 if you are over 65? I'm afraid that the answers to these questions are no. When you combine that with the elimination and or reductions to pension plans, corporations eliminating or reducing the corporate match to 401K and stock purchase plans, and forecast reductions to Social Security and you rightly get fear. The Republican party wants to take the country back to 1928, when the safety net was practically non-existent and there was a tremendous amount of poverty and lack of healthcare among the seniors and the unemployed and the poor.