September 6, 2014
Paul Krugman: Medicare Spending Is Down Sharply
Since the mainstream media is mum, and even liberal MSNBC is mostly silent, I thought I’d share a little tidbit about health care spending. Over the last few years, overall health care spending has slowed dramatically, and now we find out Medicare is spending $1,000 less per beneficiary than originally projected by the Congressional Budget Office (CBO). Paul Krugman says this is a really big deal (and it would seem so based on that statistic alone), and he calls it the Medicare Miracle.