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Sep 29, 2010

Cost of "un" care... why do we stand for this?

CEPR - NYT columnist Ross Douthat told readers today that: "And as everybody knows, the only way to really bring the budget into balance is to reform (i.e., cut) Medicare and Social Security."

Of course everybody who knows anything about the budget knows full well that this is not true. The budget problem is almost entirely a story of a broken health care system. If the United States had the same per person health care costs as any of the countries which enjoy longer life expectancies than the United States than it would be facing long-term budget surpluses, not deficits.

Read full at CEPR