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View Diary: My Grand Bargain Offer is This, Senator: Nothing. (28 comments)

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  •  Jamie Galbraith must hear (0+ / 0-)

    Why the Fiscal Cliff is a Scam #2:

    Lambert Strether:

      [GALBRAITH:] If, for example, [incompr.] suggestion which has been in the news, you raise the eligibility age for Medicare, then what you’re doing is privatizing it in part. What you’re saying is that people who have employer-based insurance or other forms of private insurance have to hang on to that when they’re 66 and into, say, 67 [incompr.] they hit the age when they can shrug it off and get onto Medicare. That’s privatization. That’s what it is. And I think that should also be off the table.

    I like how Galbraith frames raising the Medicare eligibility age as a form of stealth privatization, which also has the great merit of being true.

    Why the Fiscal Cliff is a Scam #1

    There has been a lot of good coverage about this scam on both Naked Capitalism and the Real News Network.

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