A Bit of Fact Checking

She Guevara (aka Alexandria Ocasio-Cortez) was on CNN claiming that Medicare for all would be less expensive that our current healthcare because “incorporating the costs of all the funeral expenses of those who die because they can’t afford access to health care. That is part of the cost of our system.”

Speaking from my family’s experience, the cost of a funeral is generally a bargain compared to the cost of a few months of medical expenses for an elderly person, and downright cheap compared to the cost of a few months of cancer.

When the retirement age for Social Security was set at 65 back in the ’30s, that was slightly longer than average life expectancy. Increasing life expectancy has broken that system. I had to wait until I was 66 to collect a full-size Social Security check. If the system were now rigged as it originally was, I should be waiting to collect until I’m almost 80.

Putting us old folks on Medicare increases costs. Burying us would save money. Putting everyone on Medicare … if you think healthcare is expensive now, just wait till it’s “free.”

Math is hard.

Who’s Next?

So Little Rocket Man may be giving up his nukes. We’ll see how that works out.

If it does, it will be an interesting precedent for other countries with weak economies that can’t carry the load of paying simultaneously for weapons development and economic development. Iran has a bigger economy than North Korea, but the mullahs have stunted their civil economies growth. Pakistan has lots of nukes and rampant poverty. The collapse of the Soviet Union was driven in large part by that country’s inability to pay for guns and butter. The Russians changed leaders, got a modestly improved economy, and kept their nukes. Will Kim preserve his hold on power by giving up his nukes for economic development? Will anyone else?

Stay tuned.