NPR joined the never ending scare campaign this morning, telling listeners that our standard of living will be threatened if we don't get the deficit under control. Of course the whole story, as always, is the projection of exploding health care costs which, if they prove accurate, will sink the economy regardless of what we do with the budget. If health care costs are contained, as they are in every other rich country, then there would be no plausible story, based on current projections, in which budget deficits would seriously impact our standard of living.
But, NPR would apparently rather beat up on retirees and Social Security than go after the pharmaceutical industry, the insurance industry, and the doctors' lobby.
The American Prospect is nonprofit, reader-funded journalism—and we need your help.
Our reporters dig deep, hold power to account, and explain how policy shapes people’s lives. If you value independent journalism that goes beyond the headlines, now’s the time to support it.
Here’s how you can help: • Donate to power fearless reporting
• Subscribe to get our print magazine 6x/year.
