We have a profound problem with the current government healthcare plans, Medicare and Medicaid. Medicare has an unfunded liability of over $50 trillion (yes, that's trillion) - necessitating either reductions in benefits or enormous increases in taxes. As such, the Repbulican party needs to promote policies that reduce the financial time bomb of government-provided healthcare benefits.
This is of a piece with George Bush's healthcare policies, where his most notable "accomplishment" was a new, large entitlement - adding a prescription drug benefit to Medicare. Bush did it thinking he could secure improve Republican's image on healthcare policies. Instead, it has added to the our financial burden and did nothing to help Republicans.
The RNC's current efforts will probably be tactically helpful to Republicans, but at the price of undercutting efforts to reform Medicare to avoid a crushing financial burden.
No comments:
Post a Comment