Economic View - Obama’s Difficult Choices on Medicare Spending - NYTimes.com

MEDICARE expenditures threaten to crush the federal budget, yet the Obama administration is proposing that we start by spending more now so we can spend less later.

This runs the risk of becoming the new voodoo economics. If we can’t realize significant savings in health care costs now, don’t expect savings in the future, either.

via Economic View - Obama’s Difficult Choices on Medicare Spending - NYTimes.com.