Robert Reich on the Fight for a Public Option
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Robert. You are a creepy eugenist. Go away.
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Reich a douchnozzle of the first order. It is over
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U.S. Bureau of Labor Statistics..
OBAMER ECONOMICS...
Unemployment rate JUMPS from 9.8% (15.1 MILLION) to....
10.2% (15.7 MILLION)
TOTAL UNEMPLOYMENT....
JUMPS from 16.8% to 17.5% of the civilian population or 41.4 MILLION PEOPLE.
Of those that can't afford to get H.C. insurance..
HOW MANY are DUE to NO JOBS?????
Obamer....
IT'S THE "ECONOMY STUPID"!!!
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CBS NEWS
(OBAMER ECONOMICS)
The Treasury Department announced that the federal government ran a $1.42 TRILLION BUDGET DEFICIT in 2009, about 10% of GDP.
That's the largest nominal budget deficit in history, & the largest as a percentage of GDP since World War II!
From 1789 to 2008, the federal government borrowed about $5.8 trillion!
In just two years, 2009 & 2010, the government will borrow...
***$3 TRILLION MORE***!
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Defense spending is 40% of GDP while education is 2% of GDP where where you guys when that happened
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TODAY'S POLLS!
-13 obamer approval index!
52% DISAPPROVE of obamer & ONLY 46% approve!
JUST 15% of voters NOW GIVE CONGRESS good or excellent ratings
54% OPPOSE the "PELOSI HEALTH CARE Plan"!
(42% **STRONGLY** OPPOSE "THE PELOSI Plan"!)
72% say H.C. Plan LIKELY to shift employees from PRIVATE ins. to the GOVERNMENT PLAN!!!
63% of voters nationwide say...
"Guaranteeing that NO ONE is FORCED to change their H.C coverage is a HIGHER PRIORITY than giving choice of a "PUBLIC OPTION"!!!
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Congressional Budget Office Reports...
All told, H.R. 3962 would reduce the federal deficit by CUTTING $426 Billion from Medicare itself. (and... ALL the TAXATION needed to fund the remaining $770 BILLION!)
...Consequently, CBO expects that the legislation would ***slightly reduce*** federal budget deficits in the following decade (2019 to 2029) relative to those projected under current law...
with a total effect during that decade that in a broad range between....
"ZERO" and .25% of GDP!
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Congressional Budget Office Reports
H.R. 3962
To REDUCE direct spending by $426 billion over the 2010 - 2019 period...
.. Permanent REDUCTIONS in the annual updates to MEDICARE'S payment rates for most services in the fee-for-service sector! (namely, the effects of those changes on payments to Medicare Advantage plans & collections of Part B premiums.) (SAVING $229 BILLION)
.. Setting payment rates in the MEDICARE ADVANTAGE PROGRAM on the basis of Medicare spending! (SAVING $170 BILLION)
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H.R. 3962 & "DOC FIX" Legislation CBO.. NET INCREASE in FED DEFICITS.. $425 BILLION in Medicaid & CHIP $605 BILLION in FED Subsidies SUB TOTAL.. $1,055 billion in subsidies by exchanges & related spending! + $245 BILLION "DOC FIX" = $1.3 TRILLION TOTAL! Offsets - $167 billion in penalties paid by individuals & employers 10 years. NET reduction in fed budget deficits of $104 billion over 2010-2019 period With "DOC FIX" GRAND TOTAL of Health Care Proposal? $ 1,196,000,000,000.00!
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$245 BILLION "DOC FIX" Legislation
Sen. Stabenow (D-Mich)
"Dem leaders hoped to PASS THE PROPOSAL QUICKLY, so as to DISASSOCIATE it from the larger health reform proposal."
"Were doing the doc fix (formula to pay doctors treating Medicare patients) first so as not to get it confused with health care reform," Sen. Tom Harkin (D-Iowa) said.
"Were going to try to pass it as an emergency-type of spending so that it DOESNT CONNECT to the health care reform bill & FIGURE IN AS A COST OF IT."
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This is just more right wing fear mongering and greedy whining. Private industry has YET AGAIN failed and shows the world if you want something done properly you can't count on the shysters in 3 piece suits who think the world owes them a living.
BlameRepublicans 2 years ago 6
In fairness, what you say is true but the difference (and a significant one at that, at least in my mind) is government has two overriding factors: it offers methods by which it may be petitioned & amended and the methods by which that process is engendered is guaranteed.
The private sector has no such thing.
Market forces are no guarantee that they will do the right thing for the public, only for their bottom line, and more often than not those two objectives are contrary to each other.
mikepalomino 2 years ago 4