July 20, 2009
Quote of the Day II
Professor Mankiw suggests that "deficit neutral" is too low a bar for health care reform. In light of expected insolvency down the road for current entitlements, any new system should demonstrably reduce future shortfalls.
A reader suggests an analogy: An obese friend is told that he should exercise more. Instead, he adds an extra serving of cake after dinner. But don't worry: His cake-eating plan is calorie-neutral, as he promises to exercise more as well.Health Care Posted by John Kranz at July 20, 2009 12:35 PM