Wikileaks according to an article Medicare could get hit hard by the TTP trade agreement. Medicare is the health insurance for retirees. This fund has been raided relentlessly by the politicians in Congress. Obama does not seem to be a fan of Medicare. He has his and the rest of us can rot. We are getting to see who the guy under the mask really is. He is on record as being less than a fan of Medicare.
One of the corporate groups that will be the biggest beneficiaries of TPT will be the pharmaceutical industry. Pharmaceutical corporation don’t want to negotiate lower prices. The part of the trade agreement that will hit all national government health authorities is “transparency and procedural fairness for pharmaceutical products and medical devices”.
Even if you aren’t retired yet you are paying into Medicare in anticipation of living long enough to retire.
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