Unlike most states, Wisconsin pensions do not have automatic yearly increases, whether by edict or through cost of living adjustments (COLA). Most other states utilize these tools, leading to much larger shortfalls. Wisconsin, on the other hand, ties payouts to investment returns.
The vast majority of Americans clearly seem unhappy with the working of Washington. The president and Congress have overwhelmed the American people with an incredible number of laws that are difficult for the voters and even policy makers to understand.
Republicans have fought against Medicare from the very beginning. But in their strategy to kill health care reform, they are all of a sudden sounding like defenders of Medicare against the evils of big government.
Likely rewards to the hospital industry from health care reform? If events continue in direction they are now, hospitals will thrive, with more insured people and generous accommodations from government.
Despite some useful provisions, it is wishful thinking to believe that health care "reform", as projected by current proposals being considered in Congress, can actually make health insurance more affordable and make a real difference to people already burdened by their spiraling costs.