Dean Baker, fraud of the day

He says:

Lesson One: Social Security and Medicare are not Unfair to the Young

Look at the chart to the left, that is a mal proportioned population distribution which will not support entitlements.


He says:

Lesson Two: The Affordable Care Act Redistributes from the Healthy to the Less Healthy, not the Young to the Old

Bullshit.  Tell this idiot that old people are sicker and have heart attacks and cancer, both vewy expensive.  It is rare for young people to be that sick
He says:

Lesson Three: Our Children Will Only be Hurt by the Debt Because the Washington Post and Other Elite Types Will Use it As An Excuse to Cut Necessary Spending 

Horse manure.  Discretionary spending is down for one reason, entitlements are eating up the federal budget.   We're  headed to Italian level growth because of Italian level debt.  The federal budget cannot sustain high growth as the high interest costs will approach 20% of the budget, and DC collapses.  Let's look at potential growth, as measure by Magic Walrus, and debt:

Waddya know, debt way up, potential growth way down.

What the frig is wrong with our economic graduate schools that they turn  out fraudulent scientific practices? 





He is right about Obamacare, it does n ot favor the old, But Obamacare took 1% of the income from the middle class, and Hillary is facing a very pissed off middle class, hence the Trunp surge. If Dean cannot figure this out, the he need to go back to mail order Kanosian school.