Wednesday, August 19, 2009

Obama killed the public option himself

Such a great speaker - NOT!

He talked us all out of the public option of health care with his stupid post office analogy.

What a complete and utter bozo!!!


Caroline Baum, writing at Bloomberg, points out that the accumulation of Barack Obama gaffes about health care have now reached a critical mass:

When Obama compared the post office to UPS and FedEx, he was clearly hoping to assuage voter concerns about a public health-care option undercutting and eliminating private insurance.

What he did instead was conjure up visions of long lines and interminable waits. Why do we need or want a health-care system that works like the post office?…

… "If the private insurance companies are providing a good bargain, and if the public option has to be self-sustaining — meaning taxpayers aren't subsidizing it, but it has to run on charging premiums and providing good services and a good network of doctors, just like any other private insurer would do — then I think private insurers should be able to compete."

Self-sustaining? The public option? What has Obama been doing during those daily 40-minute economic briefings coordinated by uber-economic-adviser, Larry Summers?

Capitalism Explained

Government programs aren't self-sustaining by definition. They're subsidized by the taxpayer. If they were self-financed, we'd be off the hook.


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