Relevant and even prescient commentary on news, politics and the economy.

The Elephants are Still Thirsty

by Run 75411 The Elephants are Still Thirsty In my earlier post on Carrying Water for Elephants I explained how the $716 billion in planned reductions to Medicare was calculated, who it impacted, and from where it originated. The $716 billion is far larger than the initial $449 billion first reported. In 2010, the CBO arrived […]

Oh, Mr. Ryan, Do Get Wonky On Us. Please. (I.e., thank you, Brit Hume and Matt Miller.)

In poker a “tell” is the physical giveaway or tic that lets you know someone is lying about his or her hand. In politics it’s the mode of evasion a politician chooses to sidestep a truth he or she doesn’t want to admit or to avoid saying something against self-interest. In his debut interview with Fox […]

New Romney Campaign Ad: Ask Not What Your Medicare Taxes Can Do For THEM, …

A new Romney ad tells older voters to think of it this way: “The money you paid for your guaranteed health care is going to a massive new government program that’s not for you.” — Gail Collins, Middle-Age Blues, New York Times, this evening What?  If current Medicare recipients, and those who will begin receiving it within the […]

Individualism vs. Collectivism: Thanks For the Ammunition, Ann

Ann Romney said in an interview airing Wednesday that her husband has no plans to release additional tax returns, saying “it’ll just give them more ammunition” and insisting that “there’s nothing we’re hiding.” “We have been very transparent to what’s legally required of us. But the more we release, the more we get attacked, the more […]

Essential Health Benefits and cost benefit analysis: can we maintain doctors’ incomes and provide decent care for all?

by Linda Beale Essential Health Benefits and cost benefit analysis: can we maintain doctors’ incomes and provide decent care for all?  So we thought we had finally created a national system of health insurance that would permit near-universal coverage for essential health benefits to every American. But the Obama administration says it is not going […]

The Road to Serfdom!!

Brad DeLong points us to a post from The Nation on early Koch brothers and Hayek The Road to Serfdom!! Yasha Levine and Mark Ames: Charles Koch to Friedrich Hayek: Use Social Security!: [I]n early June 1973, weeks after [Charles] Koch was appointed president of the Institute for Humane Studies. Along with his brothers, Koch […]

The Medicare Sky is Falling.. Accepting Medicare

by run 75441 The Medicare Sky is Falling Part of the Medicare Sky Falling story is a claim that doctors are refusing to accept new Medicare patients because of low payments. It is common for politicians and pundits to pontificate declaring Medicare is broken. A doctor himself, Wyoming Senator Barrasso made the claim to CNN’s […]

The Medicare Sky Is Falling (Part 2)

by run75441 The Medicare Sky Is Falling (Part 2) Chicken Little, Courtesy of “EW.Com Entertainment Weekly” Over at The Health Beat Blog, Maggie Mahar explains why the collapse of Medicare HI is less likely with the passage of healthcare reform. The Medicare “Crisis: A Shaggy Wolf Story. Potentially heading off the shortfall of Medicare funding […]

The Medicare Sky Is Falling

by run75441 “The Medicare Sky Is Falling” Chicken Little, Courtesy of “EW.Com Entertainment Weekly” A recently released Medicare Trustees report detailing the insolvency of Medicare HI has been used by conservatives and supporting news media to call again for an overhaul or privatization of Medicare to save healthcare for those on Medicare. “The gravest threat […]

Medicare Breaks the Inflation Curve

Besides her comments on the growing lack of influence of the AMA on Healthcare reform Maggie Mahar at Health Beat Blog writes about Medicare breaking the cost curve of the healthcare industry. Medicare Breaks the Inflation Curve Today, S&P released data tracking the growth of health care costs which showed that over the year ending […]