tag:blogger.com,1999:blog-6276561747841568697.post811096899744682120..comments2024-03-27T05:23:48.855-04:00Comments on Krugman-in-Wonderland: Medicare, Mediscare, and the reality of the future of administrative medical careWilliam L. Andersonhttp://www.blogger.com/profile/01802990642236807359noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6276561747841568697.post-25216597705207751262011-05-28T15:30:17.368-04:002011-05-28T15:30:17.368-04:00You've hit the nail on the head that Krugman b...You've hit the nail on the head that Krugman believes that all the American economy, and Medicare, need is a further injection of borrowed money to set things straight. And when that money is spent (as the Stimulus was spent), he will say that the injection was insufficient or that we need another dose. What he doesn't seem to say is that there is something fundamentally, structurally wrong with the American economy and its inability to produce good, well-paid jobs that would provide the tax base for govt. entitlement programs. Krugman's complete lack of realism about the American economy is one of the very frustrating things about trying to read him. He seems to think that with the same fiscal tools at hand, Democrats would succeed where Republicans would fail, and there is simply no evidence for that. It should be changed from "New Keynesianism" to "Mad Keynesianism."ayassosnoreply@blogger.comtag:blogger.com,1999:blog-6276561747841568697.post-52628195331705544952011-05-28T03:16:02.333-04:002011-05-28T03:16:02.333-04:00"Now, I hate to tell this to Krugman, but Med..."Now, I hate to tell this to Krugman, but Medicare already has been cutting its payments to doctors, and many of them tell me that what Medicare pays is well below their own costs."<br /><br />Professor Anderson, I am inclined to believe you, but as astrophysicist Neil deGrasse Tyson says, "Eyewitness testimony is the highest form of evidence in law, but the lowest form of evidence in scholarly analysis."<br /><br />We need specific sourced quotes from specific doctors.Anonymousnoreply@blogger.com