They don't want to leave traditional Medicare and go into new private sector programs.

Medicare provided guaranteed equal coverage, something that the private sector could not.

Arbitrary caps on Medicare will mean that providers or beneficiaries will have to make up the difference through lower payment rates or higher cost sharing.

Obama is from this group that resents the private sector, resents the capitalistic means of production.

The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector.

The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt.