One-percenter runs true to form

Jeb Bush wants to phase out Medicare.

They know, and I think a lot of people recognize that we need to make sure we fulfill the commitment to people that have already received the benefits, that are receiving the benefits,” Bush said. “But that we need to figure out a way to phase out this program for others and move to a new system that allows them to have something – because they’re not going to have anything.”

This is no way to campaign for your party’s nomination, Jeb(!).

Besides the fact that most of the Republican party’s voters are older and thus either using Medicare already or about to become eligible to sign up for it, it’s a very popular program among all Americans.

In addition Bush is flat wrong on the facts. Yes, the program still has long-term financing difficulties, but those are now thirteen years further out than they were before the Affordable Care Act was passed.

Health reform has contributed significantly to Medicare’s improved financial outlook, boosting revenues and making the program more efficient. The HI trust fund is now projected to remain solvent 13 years longer than before the Affordable Care Act (ACA) was enacted. At 0.68 percent of taxable payroll, the HI program’s 75-year shortfall is far below the 3.88 percent that the trustees estimated before health reform.

Despite what we’ve always been told, Jeb Bush would appear to be as stupid or as poorly advised as his brother.