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Edited on Thu Nov-17-05 08:36 PM by LuckyTheDog
Our vital industries are groaning under high health care bills, including the "legacy costs" of paying for the health care of all those who went into early retirement during downsizing. What to do? Should we just let industries like steel, airlines, autos, defense, aerospace, etc. go belly up or be bought out by foreigners? That WOULD be the Republican solution. I have a better idea:
Why not allow companies in vital to our national health to buy their way into Medicare -- either on a pay-as-you-go cash basis or by depositing a special class of their stock (probably non-voting, but with preferred dividend treatment) into the Social Security system. Make all their employees and retirees eligible. Do that and a huge cost would be taken away, and Medicare would get shored up with a pool of younger, healthier workers.
Wouldn't that be better than the Republicans' "let's wring our hands and do nothing" approach?
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