MarketWatch brought up a new point to ponder—-the fact long-term care is already rationed. Gleckman noted that health care professionals often find elderly people in their houses; they’ve been dead for a week or more because they hadn’t received the care they needed. Perhaps this kind of rationing hasn’t made it to talk news shows yet because it doesn’t affect the incomes of sellers who would be affected by another kind of “rationing.” If a government authority ruled on the costs and benefits of new technology and said certain interventions might not be cost effective or clinically effective, you can imagine the cries of “rationing” and how Americans are being denied life-saving treatments. But then, this is long-term care we’re talking about, not the latest and greatest—and possibly not so great—medical procedure.
I particularly like the way Powell reported other funding ideas that the country might consider, such as increasing the amount people pay into Social Security to pay for long-term care, or redesigning Social Security so that it pays less in the early retirement years when people have other savings and don’t need care, and more in the later years when they do. Even though Social Security has been one of the dominant topics in Washington this year, the policy elites have kept to a narrow discussion that has not included talk of strengthening Social Security or using it in a different way, such as funding long-term care. The only acceptable dialogue has revolved around cuts, not on ways to strengthen it or how it can be used to pay for long-term care. And the media have followed that framing.
All these are good story ideas for a hungry reporter. Maybe with their help we can really have that adult discussion politicians like to talk about. This one will be about how the country will care for all those people who are living longer.

Trudy, our resident "advocate for government-endorsed redistribution of wealth in a manner similar to communism" (but who according to Pravda's... er, I mean CJR's, new commenting policy can no longer be referred to as a "commie") just can't let this CLASS Act die on the vine.
Time to toll the REALITY bell, again.
The CLASS Act wasn't "killed off by the Obama administration".
It was killed off by R E A L I T Y.
It was billed as a deficit-reducing, voluntary long-term care plan that would save money and help old people with the assistance of the Gubmint's Money Fairy. It was to be a floor finish AND a dessert topping.
Then R E A L I T Y hit. In R E A L I T Y, the CLASS Act turned out to be a money-sucking, deficit-increasing boondoggle that nobody wanted and so in the face of this R E A L I T Y, the Obama administration could not certify that it would work without cooking the books. And so it died a natural death in face of its own failings.
This same R E A L I T Y is now hitting Obamacare hard. Instead of saving everybody $2500 per year in premiums as promised by our own Obameesiah, in R E A L I T Y, Obamacare has caused skyrocketing premiums, a rush for waivers, and huge numbers of layoffs. And it's not even implemented yet.
That "government-endorsed redistribution of wealth thing" (that according to Pravda's... er, I mean CJR's, new commenting policy can no longer be referred to as a "commie" thing) just doesn't work, fellas.
#1 Posted by padikiller, CJR on Thu 17 Nov 2011 at 04:20 PM
"Trudy, our resident "advocate for government-endorsed redistribution of wealth in a manner similar to communism" (but who according to Pravda's... er, I mean CJR's, new commenting policy can no longer be referred to as a "commie") just can't let this CLASS Act die on the vine."
Does anyone need this comment? Does anyone think this comment Is so unique and insightful that it needs to remain? I don't think we need this comment. I think the earth will keep spinning fine if comments like this just disappear.
But that's just my opinion.
#2 Posted by Thimbles, CJR on Fri 18 Nov 2011 at 03:14 AM
This from the guy who has called me a "racist pedophile" in these comment threads.
Well, the truth is the truth.
The Obama administration didn't kill the CLASS Act. It just pronounced it DOA in the face of R E A L I T Y. A reality that isn't going anywhere no matter how much censorship transpires here at Pravda... er, I mean CJR.
#3 Posted by padikiller, CJR on Fri 18 Nov 2011 at 06:50 AM
If you are trading in NSE, BSE, MCX and in NCDEX then let sharegyan give you all stock trading gyan
#4 Posted by sharegyan001, CJR on Wed 18 Apr 2012 at 05:31 AM