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yellowcanine

(35,699 posts)
Thu Dec 1, 2016, 03:16 PM Dec 2016

The numbers will not work if Republicans start dicking around with Medicare.

The way I understand it is that Paul Ryan is proposing to privatize Medicare for workers under 55. But that means that in 10 years when those workers turn 65 they will not go into the Medicare pool. But most of the costs to Medicare are because of people over 75. Without relatively healthy people aged 65-75 diluting the pool the costs will become unsustainable. Not only that but presumably the Medicare payroll tax from younger workers will no longer go into the Medicare fund. So while costs are rising, income will be dropping for the Medicare fund. This will basically bankrupt the system in as little as 15 years, imo. Am I missing something here? It seems like basic math.

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The numbers will not work if Republicans start dicking around with Medicare. (Original Post) yellowcanine Dec 2016 OP
D*mn....... a kennedy Dec 2016 #1
You've obviously done a lot more marybourg Dec 2016 #2
sucks to be 54. n/t lumberjack_jeff Dec 2016 #3
That's me . I'll be 55 in Feb Ohioblue22 Dec 2016 #6
I'M 48 and figure booze and weed will be my health insurance. sarcasmo Dec 2016 #8
would the younger workers even pay the medicare tax treestar Dec 2016 #4
The tax would fund the vouchers which retirees would use to buy healthcare. yellowcanine Dec 2016 #7
They are just hateful, reflexive fucks Cosmocat Dec 2016 #5
"numbers" sounds suspiciously like "truth" or "facts" 0rganism Dec 2016 #9
That's the whole point. Bankrupt the system and blame it on Democrats. Kingofalldems Dec 2016 #10

yellowcanine

(35,699 posts)
7. The tax would fund the vouchers which retirees would use to buy healthcare.
Thu Dec 1, 2016, 05:09 PM
Dec 2016

The idea is that if people are buying their own healthcare they will pay more attention to costs and that healthcare companies will compete more for customers. But there is little actual evidence of that. Healthcare companies do compete for customers if they are relatively healthy. If they are sick, not so much.

Cosmocat

(14,563 posts)
5. They are just hateful, reflexive fucks
Thu Dec 1, 2016, 04:39 PM
Dec 2016

who get all randy over simplistic sloganering.

End of the day, the gentle hand of god called the "free market" will magically make everything unicorns and rainbows.

0rganism

(23,944 posts)
9. "numbers" sounds suspiciously like "truth" or "facts"
Thu Dec 1, 2016, 06:22 PM
Dec 2016

and it's been established that such things no longer matter
the numbers will be whatever Trump decrees they shall be, right up until the bill comes due
and whatcha gonna do then?

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