Paul Krugman: Bad Medicine: “Think of it as the collision between an irresistible force (the growing cost of health care) and an immovable object (the determination of America’s conservative movement to downsize government). For the moment the Bush administration and its allies still won’t admit that there is any conflict between their promises to retirees and their small-government ideology. But we’re already past the stage where this conflict can be hidden with fudged numbers. The effort to live within unrealistically low targets for Medicare expenses has already translated into unrealistically low payments to health-care providers. And it gets worse from here.” NY Times