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Medicare reform: Who's it good for?

post #1 of 6
Thread Starter 
A few good articles about this landmark piece of legislation.

http://www.nytimes.com/2004/09/01/business/01drug.html

http://www.nytimes.com/aponline/national/AP-Kerry.html

http://www.nytimes.com/aponline/nati...Economics.html

http://www.nytimes.com/2004/09/04/po.../04health.html

The gist: Medicare costs are going up for seniors while prescription drug cards become murkier.
"[Saddam's] a bad guy. He's a terrible guy and he should go. But I don't think it's worth 800 troops dead, 4500 wounded -- some of them terribly -- $200 billion of our treasury and counting, and...
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"[Saddam's] a bad guy. He's a terrible guy and he should go. But I don't think it's worth 800 troops dead, 4500 wounded -- some of them terribly -- $200 billion of our treasury and counting, and...
Reply
post #2 of 6
Medical cost are going up for everyone.
post #3 of 6
Quote:
Originally posted by Scott
Medical cost are going up for everyone.

Oh! So that's OK then.
They spoke of the sayings and doings of their commander, the grand duke, and told stories of his kindness and irascibility.
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They spoke of the sayings and doings of their commander, the grand duke, and told stories of his kindness and irascibility.
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post #4 of 6
What did you people expect?
post #5 of 6
Thread Starter 
Scott's protesing aside, an investigation has shown that the Bush admin willfully withheld critical data concerning the costs of medicare reform.

http://www.nytimes.com/2004/09/08/po...dicare.html?hp

Proven time and time again: these guys are LIARS.
"[Saddam's] a bad guy. He's a terrible guy and he should go. But I don't think it's worth 800 troops dead, 4500 wounded -- some of them terribly -- $200 billion of our treasury and counting, and...
Reply
"[Saddam's] a bad guy. He's a terrible guy and he should go. But I don't think it's worth 800 troops dead, 4500 wounded -- some of them terribly -- $200 billion of our treasury and counting, and...
Reply
post #6 of 6
Quote:
Originally posted by Scott
What did you people expect?

Spend $500B to buy drugs while prohibiting any negotiation on price? I expect to see some nice fattening of BigPharma's already obscene profit margins in the coming years. Unfortunately, the share prices already reflect an expectation of 20-30% earnings, or I'd try to get in on that racket.
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