Paul Krugman on the Woefully Underreported, Surprisingly Good News About Medicare

[madokie]

Not that the deficit hawks will listen.

Remember those scary rising healthcare costs, the ones that historically have risen much faster than G.D.P.?

They are a thing of the past, Paul Krugman informs us in today's column. "Health spending has slowed sharply," he writes, "and it’s already well below projections made just a few years ago. The falloff has been especially pronounced in Medicare, which is spending $1,000 less per beneficiary than the Congressional Budget Office projected just four years ago."

Wow, this is really great news. Why aren't we hearing more about it? Could it be because the deficit scolds who continue to hold sway in the halls of power don't want us to hear it, and refuse to acknowledge it? Could be, because, as Krugman writes, "a big implication of the Medicare cost miracle is that everything the usual suspects have been saying about fiscal responsibility is wrong."

And the usual suspects don't like that.

http://www.alternet.org/economy/paul-krugman-woefully-underreported-surprisingly-good-news-about-medicare?paging=off&current_page=1#bookmark

[Thinkingabout]

1. Good news as reduced Medicare cost is not news to GOP'S.

Besides if they were to report this it would play very in their health care cost and Obamacare. Soon they will be sure to never refer to the ACA as Obamacare, will probably deny the bill was passed by Democrat Congress and never signed by Obama.

[RKP5637]

2. Probably because it's only good news. MSM only gets excited about bad news IMO. n/t

[freshwest]

3. They can always lie about it, too. Turn the good into bad. Pays good for 'em.

[Fred Sanders]

4. The usual suspects do not like being so massively wrong, folks may stop paying them for their fails.

[Cha]

5. Yeah, 'cause you know.. "tan suit".. the US corporatemediahwhoredom is a Disgusting Disgrace

in the memory of Walter Cronkite and to our Country!