Wednesday, December 10, 2008

Is Now the Time to Fix Health Care?

Most Washington Pundits and Politicians would say no. Coincidentally most Washington Pundits and Politicians receive money from the medical industry, either through campaign contributions or through advertising revenues. Probably no connection there.

The editors at the New Republic, on the other hand, say yes, in an article over there today.
. . . most proposals for universal coverage start with a federally financed expansion of Medicaid and the State Children's Health Insurance Program. That means more poor people would get health insurance right away. And, as economist Jonathan Gruber argued recently in The New York Times, expanding those programs provides a superb economic stimulus. When poor people get health insurance, they purchase medical goods and services. More important, they start spending money on other things, since they no longer have to put aside money to pay for medical emergencies. That funnels cash back into the economy, promoting growth. "Health care reform," Gruber concluded, "is good for our economy."
I can't disagree, and I don't want to. Let's fix this mess.

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