But let’s be clear. Opposition to this bill is not just limited to the pharmaceutical industry. At a time when millions of senior citizens and people with disabilities cannot afford the home health care, dental care, hearing aids, and eyeglasses they desperately need, private health insurance companies are strongly opposed to this legislation. They are spending tens of millions of dollars to defeat this bill because they do not want Congress to expand Medicare to provide dental, hearing, and vision benefits and they apparently do not want seniors to receive the quality care they need in their own homes. And it’s not just the health care industry and big drug companies. The fossil fuel industry is launching a major advertising campaign to defeat this legislation because it seems to be more concerned about protecting their short-term profits than addressing the existential threat of climate change. At a time of record-breaking forest fires, drought, rising sea levels and extreme weather disturbances the fossil fuel industry has, since 2000, spent more than $2 billion on lobbying to protect its special interests and prevent the federal government from making cuts in carbon emissions to protect our planet. Further, at a time of massive wealth and income inequality – when the two richest people in this country own more wealth than the bottom 40 percent – the billionaire class is vigorously opposing this legislation because it wants to prevent Congress from making the wealthiest people and most profitable corporations finally start paying their fair share of taxes. The corporate elite seem to love the idea that billionaires have a lower effective tax rate than nurses or teachers and that, in a given year, there are dozens of profitable corporations that don’t pay a nickel in federal income tax.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "But let’s be clear. Opposition to this bill is not just limited to the pharmaceutical industry. At a time when millions of senior citizens and people with disabilities cannot afford the home health care, dental care, hearing aids, and eyeglasses they desperately need, private health insurance companies are strongly opposed to this legislation. They are spending tens of millions of dollars to defeat this bill because they do not want Congress to expand Medicare to provide dental, hearing, and vision benefits and they apparently do not want seniors to receive the quality care they need in their own homes. And it’s not just the health care industry and big drug companies. The fossil fuel industry is launching a major advertising campaign to defeat this legislation because it seems to be more concerned about protecting their short-term profits than addressing the existential threat of climate change. At a time of record-breaking forest fires, drought, rising sea levels and extreme weather disturbances the fossil fuel industry has, since 2000, spent more than $2 billion on lobbying to protect its special interests and prevent the federal government from making cuts in carbon emissions to protect our planet. Further, at a time of massive wealth and income inequality – when the two richest people in this country own more wealth than the bottom 40 percent – the billionaire class is vigorously opposing this legislation because it wants to prevent Congress from making the wealthiest people and most profitable corporations finally start paying their fair share of taxes. The corporate elite seem to love the idea that billionaires have a lower effective tax rate than nurses or teachers and that, in a given year, there are dozens of profitable corporations that don’t pay a nickel in federal income tax." in the context of "" to mean that wisdom is timeless.