Category Archives: Medicare

Mark Thoma: How Republicans Stoked Economic Uncertainty

Mark Thoma tells how “economic uncertainty” has been the main Republican talking point since last summer:

How Republicans Stoked Economic Uncertainty, by Mark Thoma, Column, The Fiscal Times: Prior to the midterm elections, Republicans made a big issue out of the economic uncertainty supposedly created by Democrats in areas such as health care reform, financial reform, future tax rates, the deficit, environmental regulation, and the long-run viability of our social insurance programs.

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American Puzzle: Income Rich, Revenue Poor

Listen to Republicans long enough, and you might believe we’re burdened with taxes like no one else. And many Democrats buy into this story too. But it is a well documented fact that the U.S. is one of the least taxed nations in the advanced industrial world. To deal with Medicare, the need for revenue is unavoidable. The same is true for Social Security. Proposals limited to cutting taxes and government spending are just not credible. And cutting government spending does not create jobs—it creates lay-offs.

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