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6 Comments
- mistree4man, on 10/06/2008, -0/+10Let's hope that the subject of health insurance comes up in the Tuesday night debate. I'm anxious to hear how McCain will weasle his way out of this one. Or will he take the Palin path to ignoring the issue and telling us all some ridiculous story about hockey moms and Joe six-packs?
- metfan630, on 10/06/2008, -0/+7With McCain's campaign taking the path it is taking, its time to talk about the ISSUES.
Obama better hammer these points home in the debate tomorrow - 08soso, on 10/06/2008, -0/+7Finally, this week, people are starting to focus on health care and the election. The McCain proposal is a fundamental restructuring of the health insurance system and the only likely beneficiaries are the insurance companies like AIG which are so concerned with our welfare. I just can't understand how any sane middle class person could go for this man and his gimmicky running mate.
- TangTKE402, on 10/06/2008, -0/+6Thanks again Mr. Krugman, for putting in Lehman's terms exactly how disastrous a McCain administration would be for America. This article is a must-read for anyone who believes McCain's promise of a 5,000 dollar tax credit for a 10,000 dollar service makes sense. It also outlines the backwardness of making the companies pay more tax for insurance, only to give the money made from the elimination of those tax breaks right back to the people who were originally benefiting from it. As always, Paul Krugman is economic politics 101, and I hope more people read him.
- MsLaurel, on 10/08/2008, -0/+4"And in the process of comforting the comfortable while afflicting the afflicted, the McCain plan would also lead to a huge, expensive increase in bureaucracy: insurers selling individual health plans spend 29 percent of the premiums they receive on administration, largely because they employ so many people to screen applicants. This compares with costs of 12 percent for group plans and just 3 percent for Medicare.
"In short, the McCain plan makes no sense at all, unless you have faith that the magic of the marketplace can solve all problems. And Mr. McCain does: a much-quoted article published under his name declares that “Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation.”
"I agree: the McCain plan would do for health care what deregulation has done for banking. And I’m terrified."
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We're nowhere near recovered from banking's "innovative" mortgage-products, and now the insurance companies are lining-up to deregulate (HR5480), so they can sell us "innovative" insurance-products.
What kind of crisis will deregulated insurance companies have, once they're holding our insurance policies for ransom? They must think that the public is a herd of cattle just waiting to be milked. - inactive, on 12/08/2008, -0/+2I hope he does ignore the issue and talk about hockey moms and Joe six-packs. That would leave Obama to talk about the issues, and make McCain look like the out-of-touch idiot-with-a bad-health-care-plan that he is.



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