Wednesday, September 08, 2004

Entitlement Reform

An excellent article by Robert Samuelson:
Prodded by Bush, Congress last year extended Medicare coverage to drugs. This significantly increased Medicare's long-term costs. Hardly anyone asked the basic question: Why should younger people, who need to pay for diapers and mortgages, be forced to pay for older people's drugs? People at different life stages have different costs. There was a case for coverage of catastrophic drug costs, though not ordinary costs.

1 comment:

  1. Anonymous5:39 AM

    "Prodded". Is that some new euphimism for, "Shamelessly lied to about the actual cost"?

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