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|Subject: Re: Simpson/Bowles on CNBC going off...||Date: 11/15/2012 6:18 PM|
|Author: HMALETTER||Number: 1837183 of 2131228|
...right now on anybody who says we can't touch entitlements *cough*Harry Reid*cough*. Simpson also stressed how health care spending isn't the problem. We spend 2x what other nations spend and don't get 2x the outcomes.
He mentioned tort reform and a litany of other things that need to be done. But they saved most of their venom for not doing anything about Social Security. Bowles said fine, don't do anything today at all. Then don't cry when you draw a check in 25 years that's 25% less than it is today.
Tort reform is even more minor than taxing the wealthy, but have at it, it won;t make a dent.
And how did we get from the best health care system in the world, to one where we spend too much and don;t get the best outcome?
People have known about the medicare and SS issues since before Bush 41 got thrown out for raising the tax.
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