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Re: [Pen-l] Obama , getting money to the working class pronto
- To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
- Subject: Re: [Pen-l] Obama , getting money to the working class pronto
- From: Jim Devine <jdevine03@xxxxxxxxx>
- Date: Fri, 6 Mar 2009 16:11:30 -0800
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David Brooks writes:
>He [Obama] is extremely committed to entitlement reform and is plotting politically feasible ways to reduce Social Security as well as health spending. The White House folks didn’t say this, but I got the impression they’d be willing to raise taxes on the bottom 95 percent of earners as part of an overall package.<
the Social Security system runs a surplus these days. Why does it need
"reform"? Or is Brooks simply reading what he wants to see into the
Obama administration?
If Obama is smart, he'll realize that the health system as a whole is
all messed up. The right kind of changes in the law (say, instituting
the Hawaiian system[*] on a nation-wide level) would raise economic
efficiency, which might pay for the reform.
[*] I'd like to hear more about that system, if anyone knows the details.
--
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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- Re: [Pen-l] Obama , getting money to the working class pronto, (continued)
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