(no subject)
Sep. 20th, 2008 12:30 pm"So McCain, who now poses as the scourge of Wall Street, was praising financial deregulation like 10 seconds ago — and promising that if we marketize health care, it will perform as well as the financial industry!"
McCain on banking and health - Paul Krugman - Op-Ed Columnist - New York Times Blog
McCain on banking and health - Paul Krugman - Op-Ed Columnist - New York Times Blog
health-care and mortgages are not comparable
Date: 2008-09-20 11:23 pm (UTC)1. How does he plan to finance it? McCain says: "I would change [the current tax subsidy for health insurance] to a refundable tax credit amounting to $5,000 for all families and $2,500 for all individuals purchasing health insurance--regardless of the source of the coverage, regardless of how one purchases it, regardless of one's income." Refundable tax credit means that the money would be taken from us as taxes, most likely withheld like the social security tax. Thus whether you like it or not, you're health insurance, even if you already get one.
2. Deregulation would probably not play the benign role that McCain imagines. For one thing, it's not just a matter of how well the insurance covers you, but also which doctors and hospitals accept it. If McCain's plan is implemented, it would make sense for the insurance companies to advertise in competition for the tax refund money, and send gifts to the doctors to build up a network. Deregulation would degenerate to brand recognition, not "effective and more meaningful decisions" about health-care.
Re: health-care and mortgages are not comparable
Date: 2008-09-21 12:27 am (UTC)Кстати, ты знаешь, как я могу RSS тебя?