Kindly remember, this man is Chairman of the US House Budget Committee.
I have questions.
I want answers.
If given the 'opportunity' to carry out his plans, he will, regardless of what happens to the people of the USA.
Besides this Ryan Arithmetic there is more to realize about the Ryan Arithmetic in regard to his plans for Medicare.
Actually, the TI-89 is better applied to sincere arithmetic and not financial arithmetic. A far better calculator for Mr. Ryan would the Texas Instrument Inspire. If not up to the TI Inspire then a TI-83 will get him by, but, not as well as the TI Inspire would.
Congressman Ryan's arithmetic for his changes to entitlements and his budget thereafter just don't add up.
If he finds his memory doesn't serve him well then he definitely better be able to PROVE on stage how well he actually understands Actuarial arithmetic with his favorite calculator.
If 'time is of the essence,' well, it didn't bother Romney during his debate. We barely got to governance at the end of the debate after all.
But, the fuzzy arithmetic of Congressman Ryan is a concern to me. He has taken 65 years of age, the eligibility age for Medicare at retirement, and subtracted 10 years which is when Medicare will expire with the Affordable Care Act in place to determine at age 55 all things Medicare changes.
After those folks run through the next ten years of Medicare the rest of the people in the USA are suppose to receive 'premium support' based on whatever the Medicare program receives in payroll deductions. His calculations are currently $7000 per year.
The thing is this. To begin, Medicare would not have a ten year run without the Affordable Care Act as it is currently law. Romney/Ryan wants to gut the provisions for Medicare in the Affordable Care Act. What exactly does Congressman Ryan do with the remaining structure of Medicare to make it last ten years as President Obama and the Democrats have already done?
Additionally, when the program runs out of 'Traditional Medicare Money' in ten years how do the folks currently receiving this benefit and those aging currently at the age of 55 continue their traditional coverage?
See, this is what has me concerned. If I am age 55 and expect to receive traditional Medicare when I retire at the age of 65 according to the Ryan Arithmetic for all the rest of my life or is it 'natural life' (which is a term yet to be adequately defined) how is that program provided for in 'real life' terms. Do the monies come from the general fund to provide that benefit to those now receiving it and to those currently age 55 OR is this just a minor detail left out of the Ryan Medicare Plan and Budget? Because if it has to come out of the General Fund that has to show up in the Ryan Budget as well.
Additionally, I would like to get the language nailed down. See, the flip flops of the Romney/Ryan ticket occur so frequently and sometimes in the blink of an eye, I never really know what is being said. So, one term frequently used in Right Wing Rhetoric is "natural life" for a person's life span. Does that mean if one has kidney dialysis it is not a natural life and does Medicare drop the subscriber when that happens?
