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The Common-Sense Bottom Line on Health Insurance

From Nobel winner Paul Krugman at the New York Times, in his column helping discredit all the lies being told by insurance companies and right wingers:

“Right-wing opponents of reform would have you believe that President Obama is a wild-eyed socialist, attacking the free market. But unregulated markets don’t work for health care — never have, never will. To the extent we have a working health care system at all right now it’s only because the government covers the elderly, while a combination of regulation and tax subsidies makes it possible for many, but not all, nonelderly Americans to get decent private coverage.

“Now Mr. Obama basically proposes using additional regulation and subsidies to make decent insurance available to all of us. That’s not radical; it’s as American as, well, Medicare.”

The whole column’s worth reading.

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