Friday, July 15, 2011

How Do You Spell the New Means-Tested Medicare?

So now the debate over government costs will include a debate over means-testing for medicare. The money taken out of people's earnings for years with the promise that it would be available for their medical coverage in their old age is not actually going to be available if they do not meet certain income requirements. This is only fair, it is said, as people with more money do not need the help. Why, then were they told to contribute in the first place?

This ex post facto justice has little to do with justice and a lot to do with cost cutting aimed at groups that can not complain. Moreover, it is the first public admission that this welfare state creation is a myth and in so much trouble its goofy architects are willing to confess to it.

How do you spell the new means-tested Medicare?

MEDICAID.

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