Thursday, October 1, 2009

WSJ.com - Why Obama Bombed on Health Care



Restoring the "price tags" to health care:

Yes, the politics are difficult when it comes to restoring price tags. Voters would have to understand how a tax code that allowed them to choose for themselves how much of their incomes to devote to health care would serve their interests.

They would have to be persuaded of the benefits of a marketplace where insurers are free to design policies to appeal to different budgets and needs.

They might have to decide for themselves whether they have better uses for their income and savings than extending life at all cost.

In that sense, the jabbering on Capitol Hill is irrelevant to the central problem, wherein consumers see larger and larger chunks of their income mysteriously and involuntarily sucked into health care for questionable benefit.




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