Saturday, January 15, 2011

Shafting Elders on Medical Care and Retirment Income?

U.S. health care is outrageously expensive. As the following website implies, games are being played with the numbers, but apart from cleaning up the abuses of Medicare by doctors overcharging and keeping everyone covered in the future there is no problem in paying for care for all -- a single payer system:

http://en.wikipedia.org/wiki/Health_care_in_the_United_States


The same is true for social security. There is money in that bank which would carry us through 2140 and we simply need to up the pay level for those well off to adjust to variable finances in the future:

http://blog.accountingcoach.com/social-security-tax-rate-2010/


"The Social Security tax withheld from employees during the year 2010 will be 6.2% of the first $106,800 of each employee’s taxable earnings. The employee’s earnings in excess of $106,800 are not subject to the Social Security tax. In addition to the Social Security tax, the entire amount of each employees’ taxable earnings is subject to the Medicare tax of 1.45%"

Needless to say our national government has the powers and obligation to make such things work for us. Our competing democracies are way ahead on such things at far greater savings and democratic justice for all!

We should be a democacy and not a plutocracy run by and for the super rich!!!!
--
"A war is just if there is no alternative, and the resort to arms is legitimate if they represent your last hope." (Livy cited by Machiavelli)
--
Ed Kent [blind copies]

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