A new report from my colleagues at the Center for American Progress shows that 100,000 people are losing health insurance each week in this recession. Only in America does a president need to seek "emergency" funding as part of an economic stimulus to try to stem this calamity that comes with rising unemployment -- all because America remains uniquely in the grip of the dead idea that health care should be tied to one's job. For those who say we can't afford to do health reform, the fact that an economic downturn leaves people at risk of medical bankruptcy (and worse) is proof that we can't afford NOT to do health reform. Hopefully Obama will make that clear in his State of the Union and budget presentations next week.
The US is particularly miserable at putting aside money for the future. Should we blame our paychecks or our psychology?