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.
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There is no perception among the American people, nor their elected representatives, that there is a serious problem that needs fixing.Robert Reischauer
There are few incentives in the current system for participants or providers to be cost conscious.
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It would be very surprising if we went through the next five years without some contractions or sluggish growth.
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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 budget
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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.
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