Daily Archives: June 30, 2010

Federal Debt Calculator

The CEPR Deficit Calculator.  Center for Economic and Policy Research. 

Cool!

Click here to tinker with the effects of different policies on the federal budget, and how it affects public debt in 2020.

See:

California Doctor Distills Obamacare As Looming Financial Tsunami

 A Doctor’s Take On Health Care.  RCP.  Mariela Resendes, M.D. is in private practice in California and a former managing partner of a large radiology practice in California.  A doctor who practices medicine, yet clearly understands the nuances of running a business.  The entire post is replete with sound analysis. 

The summary.  Something critics of Obamacare have been discussing for a very long time.  Yet something supporters have been actively avoiding accepting.

Looking ahead, it is increasingly apparent that by 2020 we will have severe cuts in service thanks to rising retirement among doctors, a decrease in the number of private insurers, and a reduction in the number of hospitals due to federal mandates that fail to marry costs with services. The end result will be rationing and delay of elective procedures, denial of expensive but effective treatments a la England, and most likely a single-payer system the likes of which is seen in other, less advanced health care systems around the world.

See: