Thursday, November 5, 2009

"Medicare is our deficit problem"

"President Obama seems to agree. He recently said: "If we do nothing to slow these skyrocketing costs, we will eventually be spending more on Medicare and Medicaid than every other government program combined. Put simply, our health care problem is our deficit problem. Nothing else even comes close.""
http://www.investors.com/NewsAndAnalysis/Article.aspx?id=511167

It's good to know the President understands this, but puzzling why he thinks doing more of what got us into this problem in the first place is going to solve the problem.