An opinion column in the Wall Street Journal argues that instead of debating how to expand Medicare

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An opinion column in the Wall Street Journal argues that “instead of debating how to expand Medicare coverage, politicians should focus on fixing the fatal financial flaws in the existing program that threaten to bankrupt the nation.”

a. What does the author mean by “fatal financial flaws”? 

b. Why might the author be worried that Medicare is on course to “bankrupt the nation”? 

c. What actions would Congress and the president need to take to resolve the problems Medicare faces?  

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Economics

ISBN: 9780135957554

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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