Tag Archives: medicare

Barry’s hand.

The ongoing debate over raising the debt ceiling has dominated another week’s worth of news coverage. Now Moody’s has put the U.S. government “on notice” – something I thought only Stephen Colbert could do – that our debt rating may be downgraded if the current impasse continues. As I mentioned in my last rant, this is a manufactured crisis. It’s a standoff not over debt yet to be incurred, but debt already booked by Congress by virtue of budget items already agreed to. There is no reason for this threatened default other than to make political points… and yet it continues, even though the downside risks are substantial.

How substantial? Default – or even near-default – could cause a global financial disruption on a scale that would dwarf that of late 2008. At the very least, a downgrade of the investment rating of U.S. Treasury bonds would be not only unprecedented but extremely costly, making service on our existing debt far more costly, blowing an even bigger hole in the federal budget. If that alone were to happen it would be bad enough. But these facts just don’t seem to register on Capitol Hill.

It’s often been said that, in a Democracy, we get the government we truly deserve. Last fall, the American people – by voting or by abstaining to do so – sent to the House of Representatives a class of Republicans that amount to the American version of the Taliban. The core of this class are fanatical believers in their own delusions; they see reality as a nefarious socialist plot. Fueled by tea party faux-populism, the new G.O.P. goes beyond their party’s traditional obsession about cutting taxes. Anything – anything – that brings more revenue to the Federal government is to them an unacceptable burden on the American taxpayer. (i.e. rich people. They apparently don’t consider burdensome the enormous costs displaced to workers, pensioners, etc. as a result of the massive cuts to Medicare, Medicaid, and other programs they demand.) That much is a given. The only wild card is in the president’s hand – what will he sacrifice to appease them?

This is what we voted for, whether we realize it or not. More likely not, since the Republicans did not advertise this part of their program. (It was going to be jobs, jobs, jobs, remember?) While it’s far from the only thing we need to do as citizens, it’s obvious that voting is essential… just as it’s clear that we need to hold our leaders – namely Obama – accountable when they give away the store.

luv u,

jp

Fighting ground.

Okay, let’s get one thing out of the way at the start: very few people enjoy paying taxes. To that I can only add my own personal observation that the people who seem to complain the loudest about taxes are the ones who can most afford to pay them. They have an excellent means of making their complaints heard, too – it’s called the Republican Party. In fact, in service to those who would pay not a single dime more than the historic low rates they’re paying today, the G.O.P. is creating a default crisis out of whole cloth by linking the authorization of additional borrowing to the conclusion of a draconian budget agreement that will gut the essential social programs they have always sought to defund, privatize, etc.

The two things, of course, have nothing to do with one another in the real world. Raising the debt ceiling is merely addressing financial commitments that have already been agreed upon. It is something the Republicans have gladly passed many times before under their own presidents, as well as under Democrats. They have seized upon it because it offers an opportunity to, in effect, put the entire nation up against a wall until we give up on the idea of not spending our elderly years in penury. (That’s sooooo 1960’s of us.) The Republicans see an opportunity here to realize what they could never accomplish during George W. Bush’s tenure – privatization of Medicare, pirating Social Security, and locking in massive tax cuts from now until perdition. And they sense, perhaps correctly, that the Democrats don’t have enough fight in them to stop it.

I will gladly crib Bernie Sanders, Keith Ellison, and Dean Baker on this – Social Security is not – repeat, not – part of any budgetary problem. It is fully self-funding for the next 25 years with no changes whatsoever. How many programs can make that claim? The G.O.P. and spineless Democrats merely want to pirate the fund to pay for extending Bush tax cuts for the richest people in the country. Regarding Medicare and Medicaid, they are single-payer systems dedicated to the elderly, poor, disabled, and stricken amongst us. The rest of us – those who are relatively young, fit, and almost never need a doctor – are reserved for the profit of private insurers. Single payers systems only pay for themselves when everyone – sick and well, old and young, rich and poor – participates in them. If we want to solve the funding problem, we need to decide whether we can continue to afford contriving a profitable market for companies like BlueCross.

In short, the deficit hawks in the Republican caucuses are blackmailing us into funding tax breaks for wealthy people – including the fuckers who caused the financial crisis – by crippling our already inadequate social safety net.  I say, call their bluff. This is ground worth fighting for.

luv u,

jp

Medigap.

My first thought at a Democrat winning the 26th district congressional race in upstate New York was one of deja vu. Didn’t this happen two years ago, with that seat up near Watertown, when McHugh was appointed Army Secretary? Bill Owens won, then won again last fall – the only Democrat in my little backwater region of upstate to manage reelection, as it turned out. Dems and liberal commentators tried to read that race as a bellwether, too, but it didn’t turn out to be predictive at all of the 2010 election. What matters is what the party does in between. If the Dems sit on their asses and wait for the check to arrive, they’ll be sorely disappointed.

There’s no denying, though, that this speaks to a strong undercurrent of distrust in the Medicare “reform” cooked up by Paul Ryan and company. As much as they try to dress up their voucher / privatization program, it’s still just a pig with way too much lipstick, and any fool can see it.  I am a bit heartened that their attempt to buy off the elderly by saying their privatization scheme would only affect people under 55 (i.e. me) has thus far failed miserably. Perhaps they neglected to consider that eighty-year-olds might have fifty-year-old children. In the midst of all their yak about family values, they apparently forgot about families. Nice try, mothers!

This should be a gift to Democrats, but if they keep participating in the GOP narrative about deficit reduction, any political benefit will evaporate. Democrats have to overcome the generalized distrust people tend to have for all politicians, and they won’t do that by agreeing to choke off the sick, poor, and elderly person’s lifeline a little bit more gradually than their colleagues across the aisle. If they’re truly on the side of ordinary people, they should say to the Republicans: Want to cut the deficit? Bring tax rates on the wealthy at least back to where they were prior to 2001… or wherever they need to be. Shut down the wars, shutter the overseas bases, and cancel the over-the-top weapons programs. And join the rest of the developed world in building a single payer health care system for everyone, not just the oldest, poorest, and sickest people in the country. And by the way – insist that everything the U.S. government purchases is made in America.  

Do all that, and if there’s still a massive long-term deficit, I’ll eat my shoes. (I don’t have a hat.)

luv u,

jp