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Politics : Mainstream Politics and Economics
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To: TimF who wrote (24207)8/20/2012 1:17:49 PM
From: Wharf Rat  Read Replies (2) of 85487
 
"since the spending is on a long term (mufti-generation) downturn as a percentage of the economy"

So is healthcare. Unfortunately Willard says he'll bend both curves the other way if elected.

The Health Care Cost Curve Is Bending
By Matthew Yglesias

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Posted Wednesday, April 18, 2012, at 8:49 AM ET

.Peter Orszag writes that, on the ground, the rate of increase in health care spending is slowing as diverse sets of providers have started to look more closely at how to reduce unnecessary treatments. He contrasts this practical progress with the ongoing flow of nonsense about health care from the D.C. political debate, but I think there's a false modesty here that also sells his former colleagues still in government short. What we're seeing here on the ground is that all the Orszag-inspired emphasis on "bending the curve" that made its way into the Affordable Care Act does seem to be making a difference and whether it continues to make a difference will in part be a function of whether credit where due comes to pass.

slate.com
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