This post from Ezra Klein (sourcing the CBO) lays out another interesting relationship between our fiscal and financial woes.
We have a fighting shot at avoiding a large crisis by the various interventions we’re doing now. All these interventions cost money. The money is not money we have, it’s borrowed. It’s borrowed in the form of bonds that are sold to whoever will buy them. Right now, there are still plenty of buyers. But as our fiscal problems continue to get worse, we will have to offer more money (in the form of interest) to keep finding buyers.
The core driver of our fiscal problem is spending more than we got. The area where this is getting the worst and biggest the fastest is health care. In other words, fixing the health care systems is not just a medical and social issue, it is an economic one.