The Truth About the Deficit and the Deficit Commision (Cat-Food Commision)
Here’s the truth about the Deficit Commission from Dean Baker, who is among the finest economists we have.
It also would have pointed out that the huge long-term projected deficits are entirely attributable to the broken health care system. If the United States paid the same amount per person for health care as countries with longer life expectancies we would be facing huge budget surpluses, not deficits. However, because it editorial position dominates its news section, almost no readers of the Post would know this simple and important fact.
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Baker was right about the housing bubble, and once again, we can listen to him or ignore the truth. Baker explains the overriding reason for our deficit–our broken, pay or die healthcare system. We pay more and get less, than any other industrialized nation.
Take a leap for the rest of the story and graphs and charts that explain the whole disgusting health care rape syndrome, where Americans get raped and abused and the Government and the Obama administration stands by…
