I am always curious about the gesturing of public officials surrounding different issues as they arise within our country.
In the 1930's, following the Great Depression, we had a number of people speaking out against the evils of capitalism and greed and reform was needed (and rightly so) in a number of different areas.
Today, headlines appear regarding Medicare, Medicaid fraud. According to a WSJ article, nearly 60 billion dollars a year are lost to fraud in these two programs.
It would seem sensible that before the government decides to 'fix' the private sector, maybe they should look closely at the plank in their own eye and make sure the programs that they are responsible for and ones that we pay for are working correctly.
President Obama was on tv last night talking about the $1million surtax to pay for health care. However, the current legislation before congress puts the brunt of the $1 trillion dollar cost of health care for those earning over $350,000.
So, the small employers (I am assuming that people making over $350,000 per year are your small to mid-sized businesses) that already pay 1/2 of those costs per employee already are now going to be dinged again every April? I think I'll try to earn $340,000...;)
Grace & Peace
PLW
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