This may be Mankiw’s career-topping one-liner:
Maybe President Obama should instead follow in President Ford’s footsteps and start wearing a WHINE button on his lapel, for Whip Healthcare Inflation Now, Egads!
He adds, “Feckless would be one step better than counterproductive.” Glad he’s come around to my way of thinking!
Feb 23 2010
Tyler Cowen writes, You might wish to go back to "old banking" but according to Gorton that stopped being profitable during the 1980s. There's always an uninsured place to put your money, regulation can't stop that, and such money can find its way back to help fund the banking system, right? With all due respect*, o...
Feb 23 2010
1. I was on a panel at the American Action Network today. My talk got a lot of laughs. At some point, there may be C-span video, but they might not have covered the panels.* There were a number of center-right Republican politicians there. Some of what they were laughing at were my suggestions to cut pay for st...
Feb 23 2010
This may be Mankiw's career-topping one-liner: Maybe President Obama should instead follow in President Ford's footsteps and start wearing a WHINE button on his lapel, for Whip Healthcare Inflation Now, Egads! He adds, "Feckless would be one step better than counterproductive." Glad he's come around to...
READER COMMENTS
Floccina
Feb 23 2010 at 2:37pm
I keep hearing that many employers are dropping their health insurance and many others are raising the deductibles. Also judging from people I know that when people buy their own insurance they opt for high deductibles. So aren’t these likely to slow the rise in medical spending lessening the problem?
I do not think employers would have take on health insurance if it was 17% of the economy when they started down this road. Spending 17% of the USA economy needs the attention of most all users with their individual cases and demands. Delegating it to employees when it was 4% of the economy made more sense.
Is all of this just a needed adjustment?
Jim Glass
Feb 23 2010 at 6:13pm
“Feckless would be one step better than counterproductive.”
Well, he has to have his reforms price-control health insurance to keep its cost from going up as his reform reduces its price.
Obama is working hard at making Jimmy Carter look like Bismark in comparison, both in policy substance and at the polls (as Charlie Cook points out.)
Comments are closed.