Axe Private Health Insurance, Cleave the Economy
NY Times Paul Krugman writes: “Right-wing opponents of reform would have you believe that President Obama is a wild-eyed socialist, attacking the free market. But unregulated markets don’t work for health care — never have, never will. To the extent we have a working health care system at all right now it’s only because the government covers the elderly, while a combination of regulation and tax subsidies makes it possible for many, but not all, nonelderly Americans to get decent private coverage.”
It makes me wonder if those arguing about Health Care take into consideration the massive market that is behind it and dependent on it functioning the way it does. Regulation is good but only to a certain degree. Regulation cannot chain companies to not make profit, otherwise they will close their doors and you will see even more uninsured. Who is going to take on all that cost? The government? Obama?
Just what we need, more jobs lost in a hurting economy, guess its a good way to get people to sign up for the new government plans?