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Paul Krugman: McCain plan favors healthy, wealthy

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maddezmom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 08:22 AM
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Paul Krugman: McCain plan favors healthy, wealthy
Paul Krugman: McCain plan favors healthy, wealthy
10/8/2008 7:50:43 AM
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Sarah Palin ended her debate performance last Thursday with a slightly garbled quote from Ronald Reagan about how, if we aren't vigilant, we'll end up "telling our children and our children's children" about the days when America was free. It was a revealing choice.

You see, when Reagan said this, he wasn't warning about Soviet aggression. He was warning against legislation that would guarantee health care for older Americans -- the program now known as Medicare.

Conservative Republicans still hate Medicare, and would kill it if they could -- they tried to gut it during the Clinton years (that's what the 1995 shutdown of the government was all about). So far, they haven't been able to pull that off.

So John McCain wants to destroy the health insurance of non-elderly Americans instead.

Most Americans under 65 currently get health insurance through their employers. That's largely because the tax code favors such insurance: Your employer's contribution to insurance premiums isn't considered taxable income, as long as the employer's health plan follows certain rules. In particular, the same plan has to be available to all employees, regardless of the size of their paycheck or the state of their health.

more:http://www.postbulletin.com/newsmanager/templates/localnews_story.asp?z=41&a=365290
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yellowdogintexas Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-08-08 09:44 AM
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1. excellent article, hits all the important points nt
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