Monday, June 8, 2009
Is AARP Looking Out for Retirees?
The AARP Magazine, Bulletin and representatives in TV interviews gushed with enthusiasm for over a year about the Obama candidacy and various Democrat candidates for Congress because the Obama crowd was predicted to be so beneficial to the needs of retirees. Now what do we have with the President Obama and a Democratic controlled Congress? First, a trillion dollars being spent to bail-out GM, Chrysler, AIG, BOA and numerous other "too big to fail" financial institutions, but nothing for the consumer and a planned freeze on Social Security benefits for 2010. Second, a 2009 deficit In Obama's budget that is four times as much as the outrageously high Bush deficit in 2008 and plans for high deficits over the next decade that will drive inflation and impact essentially fixed income retirees more than other segments of the population. Third, Obama's council on Economic Advisors and Secr. Health Sebelius both saying that Americans must curb Medicare and overall healthcare spending in order to have uniform healthcare for all. There are proposals for the government to offer health care insurance in competition with private health care. This can only drive us toward a Canada or United Kingdom system where: health care is rationed (including diagnostic tests, surgery and expensive medicines), the government chooses hospitals and most providers and long waiting periods for care are encountered. This type of health care system will most adversely impact those over 50 years of age, the stage in life when healthcare needs increase. The AARP was not looking out for the well-being of its membership by supporting candidate Obama and a Democrat controlled Congress. We need a change!
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