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Obama Offers More of the Wrong Medicine on Medicare

gstephens Wrote: Dec 04, 2012 1:57 AM
All those corporate drug companies care about is making money. New drugs=more money=more profit=more new life-saving profit laden drugs. Better we all die than let some stupid company make money. Tax the hell out of them until all of their customers die. Get um, Harry! Get um, Obama! Get um, Nancy! Get um, 47%!
The latest fiscal cliff plan from President Obama promised $400 billion in entitlement savings. An analysis by the Washington Post of the likely composition of those "savings" showed that nearly half of those cuts would come from requiring prescription drug rebates in Medicare. That would be a huge mistake for the country's fiscal and physical health.

Americans are living longer lives, and the additional years of retirement are putting a strain on Social Security and Medicare. But raising the retirement age - a bipartisan cost-cutting favorite - is deeply problematic unless Americans are healthy when they reach their mid-60s and...

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