Originally posted by Nesster I saw that also, and had a chucle or two.
A Randian would probably rank these: 1) Middle class themselves 2) Obama 3) Foreign competition 4) Congress 5) Bush 6) Large Corp 7) Banks
AND why not to use graphs.......
Quote: Interestingly, Obama’s most recent Medicare proposals, which attempt to restructure Medicare to pay for health outcomes rather than for the volume of medical care, ties the program to the same GDP plus 0.5 percent spending cap as Ryan’s; it is similarly vague in what is to be done if that limit is breached. That’s because, just as with the Ryan and Romney plans, there’s no real evidence that Obama’s plan will work, so the CBO refuses to say it will.
Romney, running for president as a fiscally tough candidate who won’t duck hard issues but will also never, ever, ever cut Medicare, has not followed Ryan and Obama’s lead and imposed a spending cap. So we have no real idea what spending path he’s outlined for the program, much less how he would achieve it if his vague voucher plan doesn’t realize the savings he claims, which it won’t.
You could take one of two views on this. You could say that Ryan’s and Obama’s plans put Medicare on a sustainable fiscal path, while Romney’s doesn’t, because that’s pretty much what the CBO will say, and they’re the folks who judge these things. Or you could say that none of the plans really make Medicare solvent — that they’re all just theory and prayer. What you can’t say is that Romney has released a plan that makes Medicare solvent.
I guess I know why he didn’t use a graph.
The problem with Romney’s Medicare chart: It’s not true