About 50 proposed selling our parks to corporations. Others advocated privatizing prisons. These Republican revolutionaries saved the best for last. Urged on by conservative newspapers, they moved to privatize perhaps the best government program in this nation's history, Medicare. Privatize it, they said, in order to save it.
Profits drive the private sector.
Profits are the primary motivating force in our economic system and shareholders rightly demand profitability. Anyone who thinks we can expect the private sector to put values ahead of their shareholders' expectation of profitability obviously didn't take the same economics classes I did. Medicare is a fundamental part of the fabric of our country. It has helped people live longer and live better. The program faces a larger financial crisis than ever before in part because of the impending retirement of baby boomers and the fact that people are living longer.