Do You Favor Privatizing Medicare? (parties, economy, doctor, security)

[Hoonose]

Originally Posted by le roi

Money created by the Fed is no less "your money" than money you paid in taxes.

And yes, borrowing, taxes, and central banking policy are relevant to medicare.

A dollar is a dollar. Just not mine or our taxpayers as far as the banking bails.

Medicare is partially paid for by taxes and new money creation, so I agree all relevant.

[le roi]

Originally Posted by Hoonose

A dollar is a dollar. Just not mine or our taxpayers as far as the banking bails.

Medicare is partially paid for by taxes and new money creation, so I agree all relevant.

The dollars created to facilitate bailouts are the same dollars created to sustain Medicare.

[OotsaPootsa]

Originally Posted by Frank DeForrest

I favor being allowed to spend my money on my healthcare and retirement where/how I want.

Too bad. I favor being allowed to spend my money where/how I want to, but we have this thing called a society with government and laws, and we don't all get everything we want.

[finalmove]

Medicare is for productive citizens over 65 and over. Those that paid into it.

[OotsaPootsa]

Originally Posted by Hoonose

Getting a bit off topic.

I don't think so. I was providing an example of the failure of private enterprise to pay the price for bungling in response to the "privatization as panacea" argument.

Originally Posted by janelle144

I favor privatizing everything. If there is competition there will be better standards for taking care of the elderly, don't do a good job you go out of business.

Privatization does not insure that those who fail to provide adequate care will go out of business. There's no reason to assume that privatized healthcare would be an improvement without solid data to support such an assertion.

[le roi]

Originally Posted by finalmove

Medicare is for productive citizens over 65 and over. Those that paid into it.

That's a cute fantasy.

In reality, Medicare has never been funded properly, and is now America's biggest welfare program.

[Hoonose]

Originally Posted by le roi

The dollars created to facilitate bailouts are the same dollars created to sustain Medicare.

Not so. The bail dollars were created in the Fed/banking system out of thin air.

Medicare dollars are via Federal deficit spending.

[le roi]

Originally Posted by Hoonose

Not so. The bail dollars were created in the Fed/banking system out of thin air.

Medicare dollars are via Federal deficit spending.

They are accounted for differently, but both come from the central bank.

[GregW]

Quite the contrary I would rather not eliminate Medicare, but all medical care from the private sector and support it as a basic government service. Yes, we should pay medical personal for their time education and dedication but why pay administrators, insurance executives and clerks, and medical real estate owners anything for only adding to the confusion that is America's medical system.


Without the overhead medical services could be very affordable. We could always employ the unproductive medical insurance people in the Military Investment sector where they could make it even more inefficient.

[Hoonose]

Originally Posted by le roi

They are accounted for differently, but both come from the central bank.

No sir!

Federal deficit spending does not come from the Fed.

If can show me a way I love to learn.