Alan Blinder: How to Worry About the Deficit: (1) Don't; (2) Wait a Few Years; (3) Then Worry About Healthcare Costs
I would say:
We should start worrying about health-care costs now--i.e., actually staff up the IPAB, encourage private insurers to start cutting specialists' reimbursement rates, and aggressively assault scope-of-practice restrictions.
Right now we should worry that our current deficit this year and next year and even the year after is too small.
But, otherwise, Alan Blinder is 100% correct:
