Wednesday, October 15, 2008

This Is A Gem!

Paul Krugman, who just won the NOBEL PRIZE FOR ECONOMICS, 2008, in his article in the New York Times, September 19, 2008, says about John McCain's Better Health Care at Lower Cost for Every American (Sep/Oct issue of Contingencies):

Here’s what McCain has to say about the wonders of market-based health reform:

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.

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!

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