Sharron Angle didn’t allow Harry Reid to demagogue Social Security. Pat Toomey will have to do the same to Joe Sestak.
Harry Reid didn’t just vote for the failed, wasted, trillion dollar stimulus. As Senate Majority Leader, he led its enactment. And he didn’t just vote for President Obama’s record smashing federal spending, deficits, and debt. As Senate Majority Leader he led their enactment. And he didn’t just vote for the TARP bailouts. As Senate Majority Leader even then, he led their enactment.
And Harry Reid didn’t just support Obamacare. He, again, led its enactment.
Now in two weeks the voters of Nevada will have their chance to hold him accountable.
The Disgrace of Harry Reid
When Harry Reid became Senate Majority Leader in January, 2007, the nation’s unemployment rate was 4.6%. Today it is well over twice that at 9.6%. In August, the unemployment rate in Nevada was a shocking, Depression level 14.4%, highest in the nation, higher even than in Michigan, suffering a long-term depression.
When Harry Reid became Senate Majority Leader, George Bush’s failed economic policies of the past, as Barack Obama likes to call them, had just set a record of 52 straight months of job creation, which we can only dream about under President Obama’s failed economic policies of the 1970s. Economic growth in the most recent quarter then was 3.5%, more than twice today’s growth.
And when Harry Reid became Senate Majority Leader, we were in fiscal 2007. The budget the Republican controlled Congress adopted for that year resulted in a $161 billion deficit. Today’s deficit is almost 10 times as high.
Maybe that is why the nation today, after nearly 4 years of Harry Reid’s leadership, suffers record numbers in poverty and on food stamps, and why September saw record foreclosures at over 100,000. Nevada knows foreclosures, having suffered the nation’s highest foreclosure rates for months, to go with its national leadership in bankruptcies.
But Harry Reid’s greatest disgrace is his campaign. In millions of dollars of advertising financed by special interest donations, Harry Reid has accused Sharron Angle of wanting to do to Medicare what he has already done in leading passage of Obamacare.
The official documentation of the impact of Obamacare on Medicare is found in the latest Annual Report of the Medicare Board of Trustees. The data embodied in that report reveals that in the first 10 years of full implementation under Obamacare, 2014 to 2023, Medicare will be cut by over $1 trillion. Under the first 20 years of full implementation, the Medicare cuts total just under $5 trillion.
These draconian cuts were the basis for the CBO score repeatedly cited by President Obama that Obamacare would actually reduce the deficit while expanding or adopting three entitlement programs. Too bad the President never disclosed that. In last week’s debate with Tea Party favorite Sharron Angle, instead of disowning these cuts, Reid actually took credit for them, saying, “We, according to the Congressional Budget Office, have been told that we will reduce the debt by $1.3 trillion…including extending the life of Medicare for 12 years.”
These are mostly cuts in the payments to doctors and hospitals for the medical services they provide to seniors under Medicare. Such extreme cuts would create havoc and chaos in health care for seniors. Doctors, hospitals, surgeons and specialists providing critical care to the elderly, such as surgery for hip and knee replacements, sophisticated diagnostics through MRIs and CT scans, and even treatment for cancer and heart disease, will shut down and disappear in much of the country, and others will stop serving Medicare patients. If the government is not going to pay, then seniors are not going to get the health services, treatment, and care they expect.
Medicare’s Chief Actuary reports that even before these cuts, already two-thirds of hospitals were losing money on Medicare patients. He further reports that ultimately under Obamacare Medicare payment rates will be only half of what is paid by Medicaid, where the poor often can’t find access to essential care. Health providers will either have to withdraw from serving Medicare patients, or eventually go into bankruptcy.
Effectively refusing to pay the doctors and hospitals that provide the medical care Medicare promises to seniors is no way to solve Medicare’s financing problems. That would not only suddenly leave seniors suffering sickness without the health care they have been promised, and have come to rely on as a result. It would suddenly leave doctors, clinics, specialists, and hospitals with uneconomic practices for seniors that they entered in good faith on the promise of payment from the government.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?