nytimes.com - 6/14/2009
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MEDICARE expenditures threaten to crush the federal budget , yet the Obama administration is proposing that we start by spending more now so we can spend less later. This runs the risk of becoming the new voodoo economics. If we can’t realize significant savings in health care costs now, don’t ...
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"Something’s Got to Give in Medicare Spending"
Economist's View —
...
Something’s Got to Give in Medicare Spending, by Tyler Cowen, Commentary, NY
Times: Medicare expenditures threaten to crush the federal budget... It’s
not the profits of the drug companies or the overhead of the insurance companies
that make American health care so expensive, but the financial incentives for
doctors and medical institutions to recommend more procedures, whether or not
they are effective. So far, the American people have been unwilling to say no. ...
Tyler Should Bet Against Obama-Care
EconLog: Library of Economics and Liberty —
... that "in the NYT , Tyler Cowen dares Obama to put up or shut up ." Tyler himself says: The most likely possibility is that the government will spend more on health care today, promise to realize savings tomorrow and never succeed in lowering costs. It is rare that governments successfully cut costs by first spending more money. "Most likely possibility"? I smell a bet! Tyler's ...
The New Voodoo Economics
Greg Mankiw's Blog —
Tyler Cowen writes: MEDICARE expenditures threaten to crush the federal budget, yet the Obama administration is proposing that we start by spending more now so we can spend less later. This runs the risk of becoming the new voodoo economics. If we can’t realize significant savings in health care costs now, don’t expect savings in the future, either. Continue reading here. ...
Sunday links: surging global liquidity
Abnormal Returns —
Monday's Daily News
Club for Growth —
THE DAILY NEWS
The Club That Tries to Keep GOP in Line - Jack Colwell, South Bend Tribune
The IRS Phones Home - Wall Street Journal Editorial
The Smothering Embrace of Nanny Government - Mark Steyn, OC Register
Stimulus Jobs: Hey, They Exist in Theory - Union Leader Editorial
Something’s Got to Give in Medicare Spending - Tyler Cowen, NYT
The 'Public Plan' Would Be the Only Plan - Scott Harrington, WSJ
Obama's ...
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