But what of the staggering long-term deficits—running publicly held debt up to nearly three times the size of our gross domestic product by 2050, as decried by the Peterson Institute and others? There is one core reality of these fantastic projections. The great bulk of the deteriorating long-term projections come from out-of-control costs of health care. Hold health care costs down to sensible levels and there is no problem. Fail to solve soaring health care costs and there is no solution. We can neither tax enough nor cut enough spending to pay for the projected costs of health care.
Wednesday, October 28, 2009
Health Care and Red Ink
Bob Borosage, writing in the Prospect, throws a blanket on the right wing's red ink brush fire:
Thursday, October 1, 2009
Wednesday, September 30, 2009
Friday, September 25, 2009
the Era of Xtreme Energy
Michael Klare:
Posted using ShareThis
Our Oil Addiction Is About to Make Life a Lot Nastier | Environment | AlterNet
... our civilization is likely to remain remarkably dependent on oil-fueled cars, trucks, ships, and planes for most transportation purposes, as well as on coal for electricity generation. Much of the existing infrastructure for producing and distributing our energy supply will also remain intact, even as many existing sources of oil, coal, and natural gas become exhausted, forcing us to rely on previously untouched, far more undesirable (and often far less accessible) sources of these fuels
Posted using ShareThis
Subscribe to:
Posts (Atom)
