OT: "A general reminder whenever budget issues are discussed: the U.S. government is — this isn’t original — best thought of as a giant insurance company with

OT: "A general reminder whenever budget issues are discussed: the U.S. government is — this isn’t original — best thought of as a giant insurance company with an army. When you talk about federal spending, you’re overwhelmingly talking about Social Security, Medicare, Medicaid, and defense. And the bulk of the insurance — all of Social Security and Medicare, about 2/3 of Medicaid — is for the elderly and disabled." http://krugman.blogs.nytimes.com/2011/04/27/an-insurance-company-with-an-army/ http://krugman.blogs.nytimes.com/2011/04/27/an-insurance-com...