Monday, August 17, 2009

Felix Salmon, answer this question please

Is Medicare underfunded? Do we have a guarantee from the taxpayers to pay market prices for elderly medical services? If you say, yes, then you are one of the few people who believe that medicare payments are guaranteed into the future.

If you say no, then why do you think the same taxpayers are going to guarantee FDIC for up to $500 billion. Where did you get the idea that taxpayers will guarantee banks more than they will guarantee Medicare?

No comments: