Monthly Archives: February 2009

Saving the economy by “reforming health care”: what does this mean?

Posted on February 26, 2009 by admin

In his State of the Union message, Barack Obama used the phrase “healthcare” 15 times, calling healthcare reform a “necessary move to help salvage the sagging economy.” He blamed the “crushing” cost of medical care for contributing to bankruptcies and … Continue reading →

Posted in Uncategorized | 9 Comments

What does the “stimulus bill” mean for medicine?

Posted on February 24, 2009 by admin

As it was physically impossible for congressmen to have read the mammoth “stimulus bill” (American Recovery and Reinvestment Act of 2009) before voting on it, or for the President to have read it before signing it, our rulers themselves are … Continue reading →

Posted in Uncategorized | 10 Comments

Bailout tops $8 trillion

Posted on February 13, 2009 by admin

Even before Obama’s team gets started, the bailout package tops $8.7 trillion in taxpayer commitments for loans, guarantees, and other goodies for businesses and distressed homeowners. This includes: More than $1.5 trillion in Federal Deposit Insurance Corp. loan guarantees, including … Continue reading →

Posted in Uncategorized | 6 Comments

Obama’s health reforms would save only 1% of the amount promised, says Congressional Budget Office

Posted on February 1, 2009 by admin

Before leaving the Congressional Budget Office (CBO) to become Obama’s budget director, Peter Orszag tallied up the growth of entitlements. Medicare and Medicaid are expected to swell to $1.4 trillion, or nearly 30% of the federal budget within 10 years. … Continue reading →

Posted in health care reform | 2 Comments