Medicare Reform

The Economist has a great piece on the recent Medicare bill. I particularly like this part:

The early polls on Medicare provide no great comfort to either side. One survey of its members by the AARP found that 75% thought the law should be passed, even though 62% knew little or nothing about its details. On the other side, a poll by the AFL-CIO union federation, which has opposed the bill, found that 65% of its respondents disliked it too. A poll of retired people commissioned by Mr Moore's Club for Growth showed 43% of them supporting the bill, but that figure halving once they were told that it might raise costs for some. The best guide may be a poll by the independent Annenberg Public Policy Centre: it found the total population evenly split, but among the elderly only 33% supported the Medicare bill and 49% were against.

Good grief. The world will be a much better place when we begin teaching children – no, not teaching, drilling it into them day after day after day – that there is no free lunch, only trade-offs. We all pay sooner or later.