What is happening in the Safety Net?Health Care – Lies exposed – Social Security – True facts about the status of the trust funds.
January 9, 2019 by stephenshubert
That’s $5.2 trillion that America can save by creating a Medicare system by which every American has medical coverage.
Check out the press release area in the 200-page analysis by Peri, the Political Economy Research Institute at the University of Massachusetts Amherst. Read the full article on our facebook page, or go to https://www.peri.umass.edu/publication/item/1127-economic-analysis-of-medicare-for-all.
Check out the chapters on: Universal Health Care and Health Outcomes; Demand Increases and Costs of Universal Health Care; Cost Saving Potential under Medicare forAll; Financing Medicare for All; Budgetary Impacts on Businesses and Families; The Transition into Medicare for All; and Macroeconomic Impacts of Medicare for All.
Myths and Lies about the durability of Social Security – Will our children collect what they pay in?
There has been a lot of disinformation put out about the failure of Social Security and the unaffordable cost of universal health care. Many people believe them, including the young, including my own children. The November 2018 AARP newspaper highlighted social security. A few facts: in 2017, The trust funds held $2.89 Trillion, collected $996.6 billion and paid out $952.5 Billion – a surplus of $44.1Billion. The paper goes on to point out that politicians cannot raid the trust funds. Funds are invested in treasury securities. The government can use the revenue from these securities, but must pay it back with interest. Yes, the trust fund is at a tipping point. If nothing is done, then benefits will fall to 79% of what recipients expected to receive in 2034. Chances are good the Democratic party will fix the system, despite Republican opposition. More questions? go to aarp.org/social security