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There's much debate over proposed health-care reforms. Is Obama on the right track? The trouble with Obama's plan is that he has no concept of the cost that he will be imposing on the economy if his program is actually enacted. He's spending money with the stimulus program - all kinds of programs - and he's always able to give excuses on why the money should be spent. Yet despite all of his rhetoric, Obama isn't really taking care of the budget ... I don't think the government's job is to provide health care...

Author: /time Magazine | Title: Advice from an Economist Who Saw 1929 | 7/9/2009 | See Source »

...fact is, Obama may be blowing a major opportunity for reform with his domestic-policy diffidence. He came to office faced with an unprecedented economic crisis, and he focused on it successfully during his first 100 days, giving two excellent speeches about the need for a stimulus plan and general economic reform. He has lost that focus as his other initiatives have come online; he has failed to speak with precision or clarity about the bills wandering through Congress. He has failed to make clear what needs to be in those bills - and what...

Author: /time Magazine | Title: Obama: Getting Down to the Hard Choices | 7/9/2009 | See Source »

...their gut: that a price must be paid for a better, more secure health-care system and action on climate change. This will be easier with the more immediate issue, health-insurance reform. There are compromises that can be made - and Obama should admit that John McCain's plan to tax employer-provided health benefits, at least for wealthier Americans, was a good idea and include...

Author: /time Magazine | Title: Obama: Getting Down to the Hard Choices | 7/9/2009 | See Source »

...Medicare that would serve as an alternative to private insurers. Republicans are calling it a deal killer, which means any bill with a strong government-financed option would necessarily have to go forward without any significant GOP support. But diluting the bill too much - say, by making the public plan a fallback, to be created only if private insurers fail to bring down health-care costs, as some have suggested - risks allowing liberal Democratic support to slip away. Meanwhile, Democratic Senators are balking at Finance Committee chairman Max Baucus' proposal to pay for much of the health overhaul by imposing...

Author: /time Magazine | Title: Can Democrats Pass Health-Care Reform on Their Own? | 7/9/2009 | See Source »

...continues. The cap-and-trade energy plan "is going to drive the cost of consumer goods and the cost of energy so extremely high." Democratic health-care proposals, she says, look increasingly like the ideas that McCain proposed during the campaign. "One thing reporters aren't asking the Administration is - it's such a simple question, and people around here in the real world, outside of Washington, D.C., want reporters to ask - President Obama, how are you going to pay for this one- or two- or three-trillion-dollar health-care plan? How are you going...

Author: /time Magazine | Title: The Outsider: Where Is Sarah Palin Going Next? | 7/9/2009 | See Source »

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