If workers are having this much difficulty saving for retirement, where in the world will they find the money to pay what Rep. Ryan would make them pay for Medicare coverage when they turn 65?
Ryan’s “blueprint” is one that will take America back to the pre-1965 days when senior citizens were losing their homes and their farms to pay for medical care. They were becoming destitute—and dying much earlier than they are today—because insurers would not sell them coverage because they were too much of a risk to insure, and there was no safety net for them.
That’s exactly the same place future senior citizens would find themselves if Ryan’s plan to privative Medicare ever becomes public policy.