Jagadeesh Gokhale

Borrowed Prosperity

The claim by James Surowiecki in his recent Financial Page column in The New Yorker that Social Security and Medicare were “designed to be self supporting” overstates the intent (and ability) of their designers. (See “In Funds ...

Same As It Ever Was

Well, the speech did not change my mind. The same “plan” that the CBO scored earlier at $0.9 trillion over 10 years was trotted out.  The “health care/Medicare advisory panel” ...