Government by People Who Hate You
Monday 11 April 2011
by: Dean Baker, Truthout
House Budget Committee Chairman Paul Ryan's (R-Wisconsin) budget plan would cut $5.8 trillion over the next decade by cutting programs like Medicare. (Photo: Stephen Crowley / The New York Times)
House Budget Committee Chairman Paul Ryan put out a budget proposal last week that will leave the vast majority of future retirees without decent health care by ending Medicare as we know it. According to the Congressional Budget Office (CBO) analysis, most middle-income retirees would have to pay almost half of their income to purchase a Medicare equivalent insurance package by 2030. They would be paying much more than half of their income in later years.
This sort of broadside against the living standards of the middle class might have been expected to draw an outraged response in a nation that exalts the lifestyle and values of the middle class. Instead, the punditry rallied around Mr. Ryan's plan to deal with the problem of runaway entitlement spending, crediting it for being "serious" even if they did not embrace all the details...
More:
http://www.truth-out.org/paul-ryan-your-pockets-government-people-who-hate-you