GRITtv: July 8, 2009

The cost of healthcare in this country is unsustainable. There's no way around it. Some projections estimate that healthcare costs will equal 20 percent of Gross Domestic Product in the next decade. So what are the economics of reform? Is a public option the answer? And is congress willing to make the necessary changes to overhaul the system/ Dean Baker of the Center for Economic and Policy Research, Reed Abelson, healthcare business reporter for the NYT, and Teresa Ghilarducci, director of the Schwartz Center for Economic Policy at the New School on the real cost of healthcare reform.