Mind and Destiny

“I make no pretension to patriotism. So long as my voice can be heard ... I will hold up America to the lightning scorn of moral indignation. In doing this, I shall feel myself discharging the duty of a true patriot; for he is a lover of his country who rebukes and does not excuse its sins. It is righteousness that exalteth a nation while sin is a reproach to any people.”- Frederick Douglass

Location: Delhi, N.Y., United States

The author and his webmaster, summer of 1965.

Friday, March 17, 2017

Not A Death Spiral

The Patient Protection and Affordable Healthcare Act is presently more popular than it’s ever been, because more than 20 million people have gained coverage, and the growth of health care costs has dramatically slowed. 
In January, the Congressional Budget Office projected that over the next decade revenues will grow by $1.7 trillion, while spending will grow by $2.6 trillion, due primarily to increases in spending on mandatory programs and interest costs.  Nevertheless, Republicans insist that we accept a plan, that provides less coverage, at higher cost and massive tax cuts for the very wealthy.
The Associate Press reported: “Experts agree that the law is not currently in a death spiral.”  Those experts include the American Academy of Actuaries and our Congressional Budget Office. Data shows that while insurance marketplaces are smaller than had expected, they’re not anywhere near collapsing.
The AARP estimated that if you’re 64 years of age and have an income of $25,000 a year, you’re likely to pay up to $7,000 a year more under the House Republican plan.
Their plan is actually a tax plan with $275 billion in tax breaks for citizens earning $250,000 a year or more.  It’s a massive transfer of wealth from working families, low income people, and our shrinking middle-class, to our wealthiest citizens.  The reason those tax cuts exist is because the Affordable Care Act put those taxes in place on people making over $250,000 a year in order to fund Obamacare.
Although, healthcare is the largest part of our economy and 28 million Americans still have no health insurance, hearings are not being planned in the Senate.  Congressional Republicans are moving forward as quickly as possible.  They have no interest in joining other countries in guaranteeing health care to every citizen.


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