Debating the President’s Portsmouth pitch (part 9)

Keith Hennessey
Keith Hennessey
Published in
1 min readAug 13, 2009

Here is still more from the President’s health care town hall in Portsmouth, New Hampshire:

THE PRESIDENT: And so I do think it’s important for particularly seniors who currently receive Medicare to understand that if we’re able to get something right like Medicare, then there should be a little more confidence that maybe the government can have a role — not the dominant role, but a role — in making sure the people are treated fairly when it comes to insurance.

But Medicare is fiscally unsustainable. The President already said that earlier in the discussion. So Medicare is not a successful model for a new system, because we can’t afford it.

Continue to the next post in this series…

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Keith Hennessey
Keith Hennessey

I teach economic policy at Stanford’s Graduate School of Business. I served as Director of the National Economic Council for President George W. Bush.