In closing, I suppose it would be worth mentioning that there are two alternatives to Medicaid and Medicare reform.

FORBES: Block-Granting Medicaid Is a Long-Overdue Way of Restoring Federalism and Promoting Good Fiscal Policy

Since only a few of the biggest and oldest have endowments worth mentioning, poor pupils will have to be subsidised by increasing the already-astronomical fees paid by other pupils.

ECONOMIST: For those who pay, higher fees are on the way

And if a currency board or (even more so) currency union should collapse, the harm would be such as to make the travails of middle-way Brazil seem hardly worth mentioning.

ECONOMIST: No more peso?