Not poor people, the average "middle class worker" pays 100k into medicare and extracts 300k in benefits...The only people that cover their medicare expenses are those making more than 250k a year.
I'm cool with the middle class extracting their 100k they paid into the government even though overhead devours a substantial portion of what they paid...
Medicare and Social Security are ponzi schemes...Just sayin'.
And the people that make over 100k only pays Social Security for that 100k, and any income above that isnt taxed the 6% for SS. But then they turnaround and enjoy the payout, not to mention they live way longer than the average poor-middle class because they have the funds for top noch healthcare.
Social Security was a near perfect program that was self sustaining until in the 80's when the Social Security program became a full part of the budget and was not a Trust Fund (this was started prior to the 80's). But once this happened the "borrowing" began. As of now over 2.2 TRILLION has be "borrowed" from Social Security and not one Red Cent has been paid back. The GOP is pushing to end Social Security so they are free and clear from this Debt.
This Medicare going broke is not new talk. It's been rhetoric since the 70's . Yes it truly is NOW, but only after some stupid changes by guess who???
In any case some of the changes were: Medicare part C and D. These are the true Ponzy scheme you speak of. They Take $ from Medicare and give it to...PRIVATELY OWNED insurance companies for them to pay out claims. But what was happening is big insurance companies were setting up smaller ones in poor, middle class, and elderly neighborhoods. They provide the lowest possible care to maintain the highest profits. And once the company was less profitable the company packed up and moved to a new area or just closed down.....Keeping any Medicare funds paid to them by the Governmet. legally. Also the revenue issue must be taken into account.
In any case: Your for cutting Medicare. The saving grace for the elderly living on fixed budgets.
So you go ahead and tell your Grandma, Mom , Dad , Aunts and Uncles : "Well, your at your 100k limit for healthcare time to go ahead and die". Sounds like a plan to make America Great again...... Those dam elderly holding us down. Man up and when you see an old person in a store and tell them how much of a leach they are and all the wars faught, economic and infrastrucure building they did for you was great but times up. ......... Now who's the drag on the economy?
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