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The Economics of Safety Nets

No one disagrees that health care reforms in the United States aren't needed to bring costs under control, while still providing maximum coverage for people. For decades legislators and presidents have spoken of providing such lasting health care...

In 1965, President Lyndon B. Johnson and the 89th Congress came together to extend the scope of Social Security coverage by amending into the original legislation a program of social medical insurance called Medicare.

Their new health care...

Have you ever wondered why your grandmother receives monthly checks in the mail for hundreds of dollars? More than likely they're not her pinochle winnings from the local senior citizens' center - she's probably collecting her social security...