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When a Right-Winger next tells you “If the US Government continues spending and driving up the Public Debt of the United States, the United States will end up like The Republic of Greece”.
Inform them that; The United States is an issuer of currency that can create its own currency, issue bonds, set its own interest rates and has complete contol of its own currency, that the public debt is the US Treasury issuing bonds to private investors and much of the Public Debt is owed to the Federal Government.
Greece on the other hand handed over its Monetary sovreignty to the European Central Bank, and therefore does not have control over its currency, its a currency using nation, not a currency issuing Nations, much like the State of New York in the United States, it is forbidden from issuing its own Currency.
Euro-zone Countries from a Fiscal and Monetary perspective can be compared to any of the 50 States of the United States, not totally, but almost.
As the Republicans’ health care crusade continues, we’ve grown accustomed to hearing GOP lawmakers present their regressive ideas in the most politically palatable ways they can think of. Occasionally, however, a GOP official will slip and say what he’s actually thinking.
TPM highlighted just such an instance late yesterday.
A Republican congressman said Monday that an amendment to the GOP’s American Health Care Act would require sicker people to pay more in insurance costs than people “who lead good lives.”
In an interview with CNN’s Jake Tapper Monday, Rep. Mo Brooks (R-AL) was asked about an amendment he supports to Republicans’ health care effort that would allow states to opt out of health- and age-based pricing protections required by Obamacare, if they established high-risk pools or other equivalent measures in their place.
Health care proponents routinely argue that the Republican approach would effectively punish those who most need care. Brooks not only conceded the point, he suggested that those who most need care are less deserving of protection.
“My understanding is that it will allow insurance companies to require people who have higher health care costs to contribute more to the insurance pool that helps offset all these costs, thereby reducing the cost to those people who lead good lives, they’re healthy, you know, they are doing the things to keep their bodies healthy,” the Alabama Republican argued. “And right now, those are the people who have done things the right way that are seeing their costs skyrocketing.”
Note the specificity of Brooks’ language. If, for example, a child is born with a heart condition, Brooks envisions a system in which that child and her family is forced to pay exorbitant costs in order to help those who “lead good lives” and behave “the right way.”
As New York’s Jon Chait put it, “The Republican plan expresses one of the core beliefs shared by movement conservatives, and utterly alien to people across the globe, right and left: that people who can’t afford the cost of their own medical care have nobody to blame but themselves.”
It’s important to note that in the same CNN interview, Brooks went on to say some Americans have pre-existing conditions “through no fault of their own.” It’s a welcome concession, to be sure. But the Republican congressman added that it’s a “challenge” to determine how the system should try to help those people, and that’ll be something policymakers may have to work on “over the years … as we go forward.”
In other words, the key is to uproot the system now, leave millions of families without access to affordable care, and put many struggling people at a dangerous disadvantage – and then eventually, Republicans might consider ideas to help those in need.
Brooks’ candor is elucidating, and to a very real extent, his comments should help shape the debate on Capitol Hill. To support the Republicans’ American Health Care Act is to effectively endorse Brooks’ approach to protecting Americans with pre-existing conditions.
An Alabama Republican congressman admitted that he believes those with pre-existing conditions are less deserving of protection.
Next time a time a Reactionary tells you that Ronald Reagan was a demi-God, inform them that he increased the National Debt, exploded the Deficit, expanded the Federal Goverment, engaged in Keynsian Deficit spending, while making up stories about Mothers with a large amount of pigment in their Skin commiting Welfare Fraud that no Journalist could ever prove existed.
The love of Ronald Reagan comes from the fact that he was a tall, handsome strapping Man that wore a cowboy hat and platted shirt and spoke in simplistic ways about complex social and economic issues.
A book explaining The Gippers legacy is “Tear Down this Myth” by Will Bunch