Tag Archives: entitlements

Medicare Two: We’re All Being Tested

Our previous post demonstrated a number of Medicare’s most significant design flaws: fees for service rather than for success, open-ended health care subsidies and a system that fosters unconstrained spending. These flaws are at the heart of the system; the … Continue reading

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Medicare: Good Intentions – Dreadful Design

News headlines repeatedly remind us that Medicare, the federal medical insurance program established in 1965 for those over 65, is burdened by rampant waste, fraud and abuse and is financially unsustainable. Payroll taxes that are suppose to fund Medicare are … Continue reading

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People Power

A recent article proclaimed:  “President Barack Obama appeals directly to the public in hopes of influencing a deficit reduction deal.” That was a step in the right direction as Congress was largely dysfunctional during the debt ceiling negotiations. Therefore, it made perfect … Continue reading

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