from the WSJ
“But new data shows that mortality rates have also increased, suggesting the policy may contribute each year to 5,400 premature deaths of Medicare patients with serious heart conditions. “
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The result of this history is that entitlements have expanded far beyond assisting the poor. Many of the benefits go to beneficiaries far above the poverty line. Congress has proven totally untrustworthy in managing surpluses or trust funds or maintaining a sound financial basis. The explosion in entitlements is the primary driver of the post-World War II debts.
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Why Medicare for All Would Damage our Republic by Jay Cost at National Review This is a very diverse array of policies, but they all exhibit a similar flaw. When the government wishes to accomplish some public purpose that it does
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from the Wall Street Journal, The Uncounted Trillions in the Inequality Debate by Martin Feldstein: excerpts: These data seem to show a country whose wealth is highly concentrated. But the true picture is hardly as stark as critics of inequality
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The real test of the Tea Party and the new conservative majority in Congress is how committed they are to cutting the expenses of government. It is foolish to think it can be cut by a meaningful amount without cutting
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The biggest risk the Democrats take on the comprehensive approach to health care is that they will find it much harder to use the health insurance companies as the demon to unite their troops. They may try to continue to
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It will be a bitter pill for many, but it is inevitable.
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This may be anecdotal, but I keep hearing doctors becoming outraged over the greater intrusion of government into the healthcare delivery. Some threaten to retire early, work less, refuse Medicare patients, or otherwise adjust to the interference. Doctors already face
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Obama’s claim that a government option will somehow keep the private health insurance carriers honest is either disingenuous or incredibly ignorant of basic economics. Can the government honestly be expected to both regulate and compete with private insurance carriers? When
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