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.
More Quotes from Robert Reischauer:
What the Democrats have is a good point that we probably decided on this tax cut in a hasty fashion. We should have waited to see how the economy was going to unfold over the course of this year and what other demands were going to be placed on the budgetRobert 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
It would be very surprising if we went through the next five years without some contractions or sluggish growth.
Robert Reischauer
There are few incentives in the current system for participants or providers to be cost conscious.
Robert Reischauer
We'll have a different set of values, and society will adapt. That doesn't mean these changes are all good, just because we will accept them. But the 'Chicken Little' view of history isn't correct. Changes take place gradually, and people and institutions adapt.
Robert Reischauer
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We have been learning since we were children how to make money, buy things, build things. The whole education system is set up to teach us how to think, not to feel.
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