Thursday, June 21, 2012
ANOTHER RIGHTWING MYTH
Too hot to write much today (third major heat wave this year and it's only the first day of Summer! but "global warming is a hoax" still according to the right). So here's another visual, this one giving the lie to the idea that private corporations do things more efficiently than public:
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6 comments:
The critical difference between medicare and private insurance companies is that taxpayers rather than stockholders are on the hook. Big governments are going bust all over the world.
Do you have air conditioning?
suzanne
Yes I do Suzanne. One in my son's room and one in the living room and some fans to move it around. Actually I pulled my back out so having to stay inside works out, but I'm getting a little squirrelly. Oh wait, I already was that. But not so much that I can't recognize that the economic trials of governments in Europe and here and elsewhere were and are caused by banks and financial institutions playing roulette with the world's wealth.
In response to Jim: taxpayers ARE on the hook for those fees to insurance companies--just not in the form of taxes. This is the irony: many people would rather pay $22 to Aetna than pay $1 in taxes for the same service.
Tim I have no clue as to accuracy of your numbers, but I do know that the US government can not afford to carry on with the current level of entitlement spending. Fees or premiums to insurance companies by policy holders does threaten the financial stability of the Republic. Excess spending and debt by governments does threaten the stability and possible freedom of America. We have examples of run away spending in ancient Rome, post war Britain and today's Europe. All are threatened by runaway entitlements.
That should be fees or premiums to insurance companies does NOT threaten .....
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