As someone who relies heavily on both Social Security and Medicare for my very survival, naturally I am concerned about the future of those two programs when I hear Republicans refer to them as “robbing from the rich to give to the lazy” and threatening to cut or privatize the programs. So, I was very interested to read noted economist Paul Krugman’s OpEd in the New York Times a few days ago, and I think he makes some points we should all be aware of. Even the younger crowd should take note, for they, too, will be old someday!
SOCIAL SECURITY AND MEDICARE ARE ON THE BALLOT
By Paul Krugman
14 March 2024
A few days ago, the Biden administration released its budget proposal for the 2025 fiscal year (which begins in October). Given that Republicans control the House, this budget isn’t going to happen, so it serves mainly as a statement of principles and intent.
But that doesn’t make the budget irrelevant. It clearly signaled Democrats’ vision for the future — in particular, their belief that we can preserve the solvency of Social Security and Medicare by raising taxes on high incomes rather than by cutting benefits. And it draws a stark contrast with the vision of Donald Trump, who appeared to say during an interview with CNBC that he would seek to cut those programs…
Ned Hamson's Second Line View of the News 
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