America is Not A Third World Country--Yet (Froma Harrop)
What distinguishes poor from rich nations is that the latter invest in health care, education and transportation. They regulate what may go into the environment. These things don’t come for free. They are paid for with taxes and, in some cases, higher prices.
Republicans insist that we can’t afford these amenities — that government spending has become “unsustainable.” If we don’t do something radical, they say, America will go bankrupt. For them, ending Medicare as we know it is not too radical. Raising taxes from their lowest levels in decades is.