Core Essays

21 October 2012

Misdirection on Medicare by Obama Ad

Obama is running an ad now that claims that Romney is going to cut $6000 from seniors Medicare benefits and shows various seniors in the ad.  First of all, Romney is not proposing any cut for anyone 55 years or older.  Second, in the future for those less than 55 years old, should legislation be passed to make Medicare sustainable, it is by no means clear that seniors will lose $6,000 of benefits many years from now.  That number has little credibility.  It is simply pulled from a hat.  But it works to scare people. 

It works to create a division between the young and the elderly. The AARP is quoted by Obama's ad, but this group specializes in inter-generational warfare.  It is at war with the children of the elderly.  The young cannot possibly be taxed heavily enough to continue to pay the costs of Medicare given the demographics of the huge Baby Boomer generation and the too small generations following them, unless changes are made.  The best way to control medical costs is to give individuals a stake in how much those services cost.  Vouchers are the means to do this critical task.  You need them to decide that pointless visits to the doctor are expendable.  You need them to put pressure on medical service providers not to overcharge them.  When government says it will control costs, we know that to be nonsense.

The Democrats refuse to deal with the reality that Medicare is not sustainable, much as they refuse to deal with Social Security's problems or to recognize that several terrorist attacks were just that.  The Republicans are manning up and are willing to make the changes needed to make these programs sustainable.  The pretense-given Democrats are standing by as both Medicare and Social Security are spending more money than they are taking in.  We have switched from a situation in which excess Medicare and Social Security tax revenues were used to fund irresponsible general government spending to one in which general income tax income has to be used to make up the shortfall in Medicare and Social Security expenditures.

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