Tag: Medicare
David Brooks is one of my favorite commentators. That said, as part of a recent piece – “Midlife Economics” (New York Times 12-26-11) – he wrote that the United States “spends so much on poverty programs that if we just took that money and handed poor people checks, we would virtually eliminate poverty overnight.” T…
In his address to Congress on September 8th, President Obama indicated his willingness to cut Medicare. Certainly Medicare is a major contributor to the deficit, and reducing Medicare costs would help the long-run fiscal outlook. The question is how to cut the program. The smart cuts can’t be done by politicians, but rather involve eliminating…
