Ignorance Index V: The "Spending Problem"

Conservatives argue that America has a spending problem, not a revenue problem.   We earlier dispelled the myth that Americans – particularly wealthy Americans – pay too much in taxes.  Now let’s look at the spending question.


"But this isn’t a Medicare or Medicaid problem.  This is problem of a broken health care system that now costs nearly twice per capita what the rest of the industrial world pays with worse results.  The answer, as the President has argued, is not to gut Medicare and Medicaid.  It is to get our health care costs under control.  That means taking on the corporate complexes that drive them up – the drug and insurance companies, the private hospital chains.  Not surprisingly, conservatives would rather gut Medicare than take on Big Pharma." By Robert Borosage