Donald Berwick is Obama's new appointee in charge of Medicare. Read the passage below and try to understand for yourself if this guy has a working knowledge of economics and the capitalistic system. The answer is, he doesn't. The entire piece can be read here.
"The right way is to help bring costs down by making care better and improving our health-care system. Improving quality while reducing costs is a strategy that’s had major success in other fields. Computers, cars, TVs and telephones today do more than they ever have, and the cost of these products has consistently dropped. The companies that make computers and microwaves didn’t get there by cutting what they offer: They achieved success by making their products better and more efficient. …Under President Obama’s framework, we will hold down Medicare cost growth, improve the quality of care for seniors, and save an additional $340 billion for taxpayers in the next decade".
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