Wednesday, September 23, 2009

"I get the feeling that as soon as a politician says anything, it ceases to be true"

With apologies to T Bone Burnett, who's song lyric was "I get the feeling that as soon as anything is published in the paper it ceases to be true."
http://www.reason.com/news/printer/135976.html
"Again and again last night, the president's numbers didn't add up. "There may be those-particularly the young and healthy-who still want to take the risk and go without coverage," he warned, in a passage defending compulsory insurance. "The problem is, such irresponsible behavior costs all the rest of us money. If there are affordable options and people still don't sign up for health insurance, it means we pay for those people's expensive emergency room visits." No, it means that, on balance, the healthy young don't pay for the unhealthy old. The whole point of forcing vigorous youth to buy insurance is using their cash and good actuarials to bring down the costs of covering the less fortunate."

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