Writing in the New York Times on October 21, economist Jason Furman recommended 5 books for people to read about the economy before next month’s election.
What we know for certain from the Obamadoesntcare atrocity
1) health care costs and insurance premiums exploded, this after Obama promised to save every family $2,500;
2) no, people were not able to keep their existing plans and chosen doctors, which DC bureaucrats knew in advance since state laws controlled health regulations that were now being rewritten by the federal Leviathan;
3) life expectancy leveled off during the initial stages and then fell once the atrocity was fully "implemented" (that is, arrogantly forced onto an unwilling public).
Each of these had been predicted by opponents of the terrible law, including myself. There was no measurable benefit to the American people, though there was extreme damage inflicted.
Einav and Finkelstein cite three reasons for government-funded coverage: patchwork government healthcare provision, healthcare tied to employment, and the social contract implied by patchwork government provision. Each is an artifact of previous government intervention in the marketplace.
What we know for certain from the Obamadoesntcare atrocity
1) health care costs and insurance premiums exploded, this after Obama promised to save every family $2,500;
2) no, people were not able to keep their existing plans and chosen doctors, which DC bureaucrats knew in advance since state laws controlled health regulations that were now being rewritten by the federal Leviathan;
3) life expectancy leveled off during the initial stages and then fell once the atrocity was fully "implemented" (that is, arrogantly forced onto an unwilling public).
Each of these had been predicted by opponents of the terrible law, including myself. There was no measurable benefit to the American people, though there was extreme damage inflicted.
Einav and Finkelstein cite three reasons for government-funded coverage: patchwork government healthcare provision, healthcare tied to employment, and the social contract implied by patchwork government provision. Each is an artifact of previous government intervention in the marketplace.
Well said. And I'm embarrassed that I didn't make that point because I've made it often over the years. Thanks for adding it, Richard.
What is basic? Have you seen minimum essential benefits mandated by Obama care? Maternity care must be covered for all gender
Exactly.
Breaking government monopoles is a way to break not make delivery costs go down . Your solution is a first step to get bloated costs under control
I'm not sure what your first sentence, the "break not make" part, means. But I agree with your second sentence.