Aggregate Demand for Better Health
The biggest cause of the Federal government’s budget deficit is its promise to pay for healthcare for seniors and others. Not only is this causing huge problems in terms of deficits and debt, it is doing a poor job of promoting health for the nation. Our aggregate demand trend should be for better health, not more money spent for those who are sick and dying in their advanced years.
Healthcare dollars must be more of an investment (in long-term, vibrant health), not a consumption after we are sick. Obamacare does not accomplish this, Medicare does not accomplish this. Neither of these programs is sustainable. We will soon lose them. The question is not whether they can be saved, but rather will we bankrupt the entire nation before we admit they cannot be saved. Thoughts?