It would be very surprising if we went through the next five years without some contractions or sluggish growth.
More Quotes from Robert Reischauer:
There are few incentives in the current system for participants or providers to be cost conscious.Robert Reischauer
The tax cut we put in place for next year is relatively modest. We probably can swallow that OK, but over the years the size of the tax cut grows exponentially.
Robert Reischauer
Medicare spending has slowed dramatically in the last year. It's now growing at less than 2 percent, which is the slowest rate of growth since the program started in 1965.
Robert Reischauer
To a startling degree, the political capital and momentum that he had at the start of 2005 have been dissipated almost entirely. The administration is reactive and in a defensive posture, really. You have a Congress that is splintering and rebellious. ... Republicans are in a survival mode.
Robert Reischauer
Without any symptoms, it's hard to say that one has an illness.
Robert Reischauer
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