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Medicare is under the knife. Again! October 5, 2017

Posted by hslu in Congress, Debt and deficit, Democracy, Obamacare, Politics, Taxes, Trump.
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Reid, Pelosi and Obama took $716 billion from Medicare in 2012 to pay for Obamacare. AARP did very little to prevent it becoming the law of the land. Now, the program is blowing up in the market place and is adding trillions to the national debt.

This time around, it’s Republican’s turn to make a deep cut, about $500 billions, to the Medicare budgets because the Republican controls all three branches of the American government. 

Source: Vox

Source: Flipboard

In addition to Medicare, Medicaid is on the chopping blocks too. Budgets for Medicaid will be cut by roughly $1 trillion. 

Source: Flipboard

To get money to pay for Republican’s tax cut, it means that something else from the federal government’s budget has to be slashed to make the tax cut legislature revenue neutral. Budgets for Medicare and Medicaid are just two of the tens, if not hundreds, of federal programs to be cut by the Republican’s tax reform.

Well, more details of the tax reform plan will come out in the next few weeks. No matter what kind of bill the House ends up with, it is a done deal because Democrat is totally out-numbered and out-maneuvered. Democrat in the Senate is hopeless to prevent this from becoming law in the Senate but several Republican senators may be able to make the damage to Medicare budget as little as possible.

We’ll just have to wait to see what happens next in the Congress. Not much we the tax payers can do now because it’s democracy.

一丘之貉 March 22, 2017

Posted by hslu in Election, Trump.
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貉的英文是 raccoon dog。它跟 raccoon 是不一樣的。Raccoon 的中文是狸。這兩種動物長得有點像,可是它們在血源上是不相連的。

這是 Raccoon 狸:

而 Raccoon dog 長得是這個樣子:



Trump 是一個政客,是一丘之貉中間的一個。

Source: Google search.

Trump 競選時說他不會動 Social security, Medicare and Medicaid.. 他不止一次的相選民保證,他絕對不會砍這幾個項目的撥款。

Source: Yahoo News.

Source: Yahoo News.

可是,共和黨提出來, Trump 也支持,今天(3/23/2017)就要在眾議院投票,爲平反 Obamacare 所提出來的法案,讓我們姑且稱它爲 Ryancare,中間就有砍 Nedicare 和 Medicaid 的條款。

簡單的說, Trump 明明白白,完完全全的違背了他競選時提出來的保證。

Source: Yahoo News.

Source: Yahoo News.

你說 Trump 和其他的政客不是一樣嗎? 他們就跟一丘之貉一樣。

“Yes, yes. Absolutely, yes.” Harry Reid, 8-9-2013 August 17, 2013

Posted by hslu in Congress, Health Insurance, Obama, Obamacare, Politics.
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What was that, you might ask?

Well, that was the answer Senate Majority Leader Harry Reid gave when he was asked whether he wanted to change Obamacare to a single payer system for America.

Democrat has been trying to do this for decades and Reid finally admitted that this is the ultimate goal of the Democratic Party with Obamacare.

No more private insurance companies. No more Medicare. No more Medicaid, No more employer-sponsored health insurance plans.

Everyone will be covered under the single payer system, except Representatives and Senators, the ones who wrote the law. They already passed laws to exempt themselves from Obamacare.

No more fancy and expensive medical schools. Four year education will be plenty because doctors will be paid by how many patients they treat every day. If they don’t meet the minimum quota for the day, they get paid minimum wages. Doctors still can make a lot of money if they can rush sick people through government clinics like herds of cattle or pigs. The pay scale is mot lineal. Their salary goes up exponentially after the patient count exceeds certain level.

CVS, Walgreen, Ride Aid and Wal-Mart will no longer sell prescription medicines because patients will get their medicines filled at government clinics.  

Pfizer, Merck, Amgen and Medtronics might as well close their shops and let their medical research people go because new drugs or new medical instruments will not be covered by the single payer system.

As for the cost of insurance, it will be on a progressive scale. People will be issued colored code cards. The more assets (not salary) you have, the more you have to pay; kind like income tax, you know, when you see a doctor. This is only fair according to Democrat’s philosophy. The amount people pay will also depend on their weight: the more people weigh, the more they have to pay. If you smoke, you pay more. If you eat bacon or sausages,  you pay more. If you smoke, you can kiss your insurance policy goodbye. If you don’t exercise, you pay a penalty. If you drink coke on a regular basis, your diabetics will not be treated. If you are too old, government death panel will access your usefulness to the society and make a judgement as to whether certain illness will or will not be treated. Cancel patients will be left to die because it basically is a hopeless endeavor.

This isn’t it. There are more regulations and restrictions, but according to Pelosi, “we have to pass it to find out what was in it.” We can’t expect our elected Representative or Senator Congress waste their time on going over all pages of the bill they about to pass, can we? They don’t have  time or inclination to do such a time-consuming thing.

I am telling you that the single-payer system is coming because many Republicans will not fight it. They need votes to stay in power too. America is a democratic society, America is a democracy and majority rules.

Even it is 50.01% of the people who have voted. 

Well, yesterday on PBS’ Nevada Week In Review , (D., Nev.) was asked whether his goal was to move Obamacare to a single-payer system. His answer? “Yes, yes. Absolutely, yes.”

Greek ‘Rebels’ = US Seniors June 26, 2011

Posted by hslu in Economics, Global Affair, Health Insurance, Obama, Politics.
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Greek ‘Rebels’ May Block Reforms On Austerity Moves

That’s why Greece is going to default sooner or later.

Across the pond is this headline:

American “seniors” will block reforms on Medicare and Medicaid.

And that’s why America will not be able to get out this big hole it dug for itself.

America is going down whether Obama likes it or not.

Do you trust government’s projection 10 years out? February 5, 2010

Posted by hslu in Economics, Health Insurance, Politics.
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According to Krugman’s Op-Ed piece on New York Times today, short-term federal budget deficits are no big deal because the government is the only machine that can create jobs now. He said that we shouldn’t worry about the budget deficit for the next few years or even the next decade.

He cited government’s recent budget proposal which suggests that interest payments on federal debt is projected to be only 3.5% of the GDP 10 years out. His comment is : How scary is that? He added that: it’s about the same as interest costs under the first President Bush.

My questions to Krugman is this:

  • How good is federal government’s projection on economics 10 years away?
  • Why did you take that projection as a fact instead of questioning its validity?
  • When was the last time any projection by the federal government, or for that matter, any economist with or without a Noble Prize, worth the paper it was printed on?

He did concede that the long-term picture of the U.S. federal budget deficits is dire. He added that even a fully recovered US economy will not balance the federal budget, ever.

His remedies: increase revenue, control costs and doing something about the health care costs.

In case you are not familiar with the coded words, let me explain what those remedies mean:

  • Increase revenue – increase personal and corporate income taxes, increase payroll taxes and maybe a value-added tax later on.
  • Control costs – Delay social security benefits for everyone.
  • Doing something about health care costs – reduced benefits on Medicare and Medicaid.

I guess tax reduction is out of the window because Krugman conveniently ignored to mention the fact that the new $3.8 trillion BHO budget includes almost $1 trillion new taxes.And even with that new taxes, the deficits in 2011 is still more than $1 trillion dollars.


What about a smaller federal government?

Shall we ask for a across-the-board 10% salary cut for every federal employees retroactive to January 1, 2009? Many employees in the private sectors got 10% less in 2009?

Shall we ask for a across-the-board 5% head count reduction on every department of the federal government every year? After all, many private companies did so in 2009? We need to get rid of the dead woods in the federal government a long time ago.

If you don’t agree with me, just take a look of the US postal Office. Ask someone who still works there and see how they compare with FedEx or UPS even after recent re-organization.

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