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Reich: The Truth Behind the Social Security and Medicare Alarm Bells

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Social Security is a tiny problem. Medicare is a terrible one, but the problem is not really Medicare; it's quickly rising health-care costs. Look more closely and the real problem isn't even health-care costs; it's a system that pushes up costs by rewarding inefficiency, causing unbelievable waste, pushing over-medication, providing inadequate prevention, over-using emergency rooms, and spending billions on advertising
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Lifelong reader, sometime writer with eclectic tastes and libertarian leanings. Don't hold my semi-notorious Berkeley history against me, I settled down so completely after 40 that I can barely recall my loosy-goosy self. But it sure beats going to (more...)
 

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