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Home Publications Blogs Beat the Press Chris Farrell Nails It on Marketplace Radio

Chris Farrell Nails It on Marketplace Radio

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Thursday, 24 February 2011 05:58
He told listeners this morning that the government deficit problem is a health care problem. It's too bad that people in Washington can't hear this.
Comments (6)Add Comment
...
written by izzatzo, February 24, 2011 5:23
It's too bad that people in Washington can't hear this.


If Washington could hear this there would be less economic rent available for ear-nose-throat doctors which just makes the recession worse.

Stupid liberals.
Chris Farrell did nail it - there is hope
written by Peter Wilson, February 24, 2011 7:11
Good going Chris
I think that growth in health care spending may slow soon
written by Floccina, February 24, 2011 10:20
I am thinking that growth in health care spending may slow soon even if nothing is done, maybe especially if nothing is done.

I give some reasons here:
http://un-thought.blogspot.com/2011/02/will-healthcare-per-capita-spending.html

Can Bill Gates spend much more on health care in the future? Maybe not.
Projecting current trends is an OK way to make projections and a good place to start but thinking about what needs to happen for the trends to continue can help make valuable adjustments to those simple projections.

...
written by S.D. Jeffries, February 24, 2011 11:27
In view of such truth being presented by Farrell, it's no wonder the congressional Republicans are so in favor of defunding NPR.
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written by azimir, February 24, 2011 1:41
sounds like chris farrell is trying to make up for all the nonsense he said on the air over the past many years.
when it comes to "macro" he usually sounds clueless (probably trying to make peter petersons of this world happy).
he has been great when it comes to advising people on what to do with their $3,000.00 savings that they will need 4 months from now.
is that worth his compensation package? sure not, but as dean baker points out, media jobs have been protected from outsourcing.

so to "beat the dean baker" - i would suggest that
"chris farrell nails it on marketplace radio" should have said
"chris farrell FINALLY nails it on marketplace radio"

best!
Multiple causation, not single factor.
written by AndrewDover, February 24, 2011 3:37
Well, also government receipts dropped from
20.6 % of GDP in 2000 to
14.9 % of GDP in 2009-2010.

http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/hist01z2.xls

Outlays went from
18.2 % in 2000 to
23.8 % in 2010.




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About Beat the Press

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, his latest being The End of Loser Liberalism: Making Markets Progressive. Read more about Dean.

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