17 November 2010

The Healthcare is Too Damn High

While we're on the topic of deficits:

Not to belabor the point, but if we really want to cut the deficit, neither Social Security nor Defense nor other discretionary spending is the real budget killer. It's Medicare, and more precisely, the excess growth in Medicare (and health care in general) above the rate of inflation that will bankrupt us in the long term:

(Source: CBO, 2008)

Also, for those who are confused about the "too damn high" meme, I offer this flashback to one of the more glorious parts of the 2010 election season:

The rent is too damn high:

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