Media Views

The real source of the country's projected budget problems is the projected growth in healthcare spending. The U.S. already spends twice as much per person than the average for other wealthy countries. If its healthcare spending continues to grow at the projected rate, it will devastate the private sector and also lead to enormous budget problems. If the healthcare system is not fixed, the country will face enormous economic problems even if Social Security and Medicare were eliminated altogether. It would have been useful if this piece had pointed out the problem that healthcare spending poses for the country and the need to fix the healthcare system rather than making false or misleading statements about how the aging of the Baby Boomers is driving the country to ruin.