I just read something that unleashed my inner teenager, because I want to respond with a combination of OMG, LMAO, and WTF.
Donald Berwick, the person appointed by Obama to be in charge of Medicare, has a column in the Wall Street Journal that makes a very good observation about how relative prices are falling for products bought and sold in the free market. But he then draws exactly the wrong conclusion by asserting that further crippling market forces for healthcare will yield similar cost savings for programs such as Medicare.
- Economic Debate
- Three Lies