General Discussion
In reply to the discussion: Medicare for All’ would cover everyone, save billions in first year: new study [View all]truedelphi
(32,324 posts)Democrats here (and maybe it should be "Democrats"??) were applauding the cuts to MediCare. Those totalled 500 billions of dollars!
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THAT IS HALF A TRILLION BUCKS!
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I worked inside the health industry from 1989 to over a decade and a half later. Even way, way back in 1993, doctors were refusing to admit new MediCare patients, as the payments schedule was too low. So why should anyone applaud the idea of making doctor payments even lower?
How it is a good thing that Medicare took cuts, while the Biggest Banks and Financial institutions received over 15 trillions of dollars at the very same time that Obama wanted these cuts?
And experts state that some 4.7 trillions of these dollars of loans to Big finance will not be repaid.
Of course, it's no big deal, is it? The PTB plan on repaying the treasury by getting our Social Security out from under us!