Healthcare reform

For an excellent analysis of why reforming America's health care system is essential to the country's financial health, see Simon Johnson and James Kwak in today's Washington Post: http://www.washingtonpost.com/wp-dyn/content/article/2009/09/01/AR2009090101027.html

Their well-argued conclusion:

Put another way, if you are for fiscal discipline, you should be for health-care reform. If our government cannot produce some kind of reform, that will only reinforce the perception that our political system is incapable of resolving our largest, most difficult problem -- and that is what will make investors think twice about investing in America.