Monday 17 December 2012

A simple way to save Medicare

In the current negotiations on the so-called Fiscal Cliff, one proposed change is to raise the minimum age for Medicare from 65 to 67. This turns out to be a bad idea, because it increases rather than decreases the amount spent on health care, and would be a cruel joke on 65 year old retirees who suddenly found that they had no Medicare and no employer insurance. So let's think outside the box for a minute. Rather than changing the minimum age for Medicare, let's change the maximum age to 85.

Wednesday 12 December 2012

How do you say I Shall Return in Japanese?

I was catching up on my Financial Times and read an amazing front page story that says "The Philippines would strongly support a rearmed Japan shorn of its pacifist constitution as a counterweight to the growing military assertiveness of China, according to the Philippine foreign minister."

Bataan, Corregidor, Manila Massacre, never mind, come back, all is forgiven. Wow.

FT Article