Thursday, January 14, 2010

Leave Lieberman Alone | Alan Reynolds | Cato Institute: Commentary

Leave Lieberman Alone | Alan Reynolds | Cato Institute: Commentary: "In reality, John Brodniak's situation has nothing to do with Sen. Lieberman's objection to a government-run 'public option.' Mr. Brodniak already has a public option — namely, Medicaid. His real problem, Kristof reveals, is that 'he hasn't been able to find a doctor who will accept him as a patient for surgery, apparently because the [Medicaid] reimbursements are so low.' Brain surgeons are scarce, and you get what you pay for. Medicaid won't pay, so John won't get one.

Ironically, Congressional Democrats plan to shove at least another 13 million more victims into Medicaid — the same dangerous scheme that threatens John Brodniak's life."

"The CBO prediction of government-run plan beset with high premiums, a thin list of providers and few customers makes good economic sense. But that also makes it politically unlikely to be the final outcome. Such a failed experiment would be so embarrassing for its architects (Congressional Democrats) that they would surely rush to provide endless and escalating 'emergency' subsidies to disguise the blunder."

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