Janitors and Corporate Executives Have the Same Pay PlanBill Gates and I had the same job in the computer industry. Oh wait! He wrangled his monopoly into an $80 billion dollar pile of gold. I managed to work hard enough to save enough to retire with enough to live on if I eat cat food. Funny... even though we had the "same job" I somehow think I got the short end of the stick. But with the Ryan logic this is an illusion. Bill Gates and I are identical twins! We had the same job, so we must be equally wealthy even it doesn't feel that way.
I mean it: both receive a weekly paycheck. So there’s no difference in what they’re offered!
Oh, wait — you mean that the size of the paycheck matters too?
What brings this to mind is the now standard claim that Ryancare would be exactly the same as what members of Congress receive. Ryan:What we are proposing is a personalized Medicare, a Medicare system that works exactly like the health care I have as a member of Congress and federal employees have.As Uwe Reinhart points out, while it’s true that both systems would involve having the government provide a voucher that helps pay for private insurance, it kind of matters how big the voucher is. The federal employees benefit plan rises in value in step with private insurance premiums; Ryan wants Medicare vouchers to grow only at the rate of inflation. A bit of a difference.
Monday, April 18, 2011
Krugman Identifies the "Truth" behind Ryancare
This is funny...