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Title : Time To Conk Real--On The Economic Scheme As Well As Wellness Tending Reform

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Time To Conk Real--On The Economic Scheme As Well As Wellness Tending Reform

I only got a telephone yell upwards from a reporter at ane of the major tidings organizations to verbalize nearly the chances for wellness help reform.

We both commented on the almost surreal surround nosotros are all in. I'm non certain if my friends as well as neighbors are inwards denial or only numbed yesteryear the recent cascade of events inwards the financial world. Up on the Hill as well as inwards the presidential campaigns it's concern every bit park when it comes to extending the Bush taxation cuts, spending on choice energy, or the imperative to create wellness help reform.

The reality is nosotros are similar a shot headed downward an unavoidable gradient into a recession. The exclusively enquiry is how bad. Today, MD Phil told his audience to halt spending money, instruct their credit carte du jour debt paid off, as well as concord cash--"Cash is king." They are as well as they will.

General Motors' stock striking a cost today non seen since the 1950s because no ane is buying cars--and won't last for quite awhile.

A slowed economic scheme way less taxation revenue at a fourth dimension nosotros were already headed for a $500 billion budget deficit inwards 2009--and that was earlier nosotros would pass every bit much every bit $200 billion to extend all (McCain) or most (Obama) of the Bush taxation cuts. (Anybody desire to plough over odds on that?)

The adjacent Congress as well as the adjacent President are facing unprecedented financial challenges presuming the credit crisis starts to function itself out.

Someone lately told me an economical crisis doesn't necessarily hateful nosotros won't direct keep of import social legislation. After all, Social Security came from the depths of the Great Depression. It did. But it was pay-as-you go--there was no big upfront cost every bit at that spot is inwards health care.

This denial--or numbness--in the human face upwards of a harsh reality reminds me of the times I direct keep called the airlines inwards the human face upwards of a blizzard looking to instruct them to rebook my flying without penalty. The park answer is, "The estimator says its on fourth dimension then far." Of course of study you lot know it isn't going to accept off inwards the midst of the terrible tempest outside.

Health help reform isn't going to accept off inwards the midst of this huge financial tempest either as well as McCain, Obama, all those offices on the Hill maxim it volition aren't going to enter so.

The sooner nosotros instruct real--on wellness help as well as everything else--the sooner nosotros tin commencement talking nearly what is actually possible.

Recent post: What I'm Telling the Health Care Business About the Future

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