July 17, 2009

Obama is Correct -- Status Quo on Health Care "Unsustainable"

"Deferring reform is nothing more than defending the status quo -- and those who would oppose our efforts should take a hard look at just what it is they're defending," Obama said...

"The status quo on health care is not an option for the United States of America," Obama said. "It is threatening the financial stability of families, of businesses and of government. It's unsustainable."

"It's time for us to buck up Congress, this administration, the entire federal government to be clear that we've got to get this done." -- AP

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Update: Cost is now the issue.

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At the moment the blog must appear to have been taken over and become the Health Care Reform blog, but...for those coming back hoping to see more on the economy, don't worry, some stuff is cooking.

I do like to focus on something and continue on it, in proportion to its long-term significance.

Here's a look at how health care cost inflation could destroy the American economy -- scroll down and look at the 6th graph -- U.S. Health Care Expenditures as a % of GDP.

So, it's of sufficient importance for a focus of weeks.

Bob Woodward on Charlie Rose just mentioned Obama has something like 130 initiatives going now.

Ok, Mr. President, I think you know this one is in the top 3...or top 2. Let's see you follow through completely.

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Here's a Fresh Air piece on the overall reform situation with Jonathan Cohn, which although imperfect in some ideas (for the best way a Public Insurer can set prices see the update "Setting Prices" here instead) -- the piece still has offers a good overview.


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