Paul Krugman does not understand very much about health care. He says, “The hard choices are all political.” He does not understand that there are two major issues in health, number one being, do you want a system about health or one about disease, and number two being, technology.
If you do not understand these two issues, as it is obvious, Mr. Krugman does not, then it would be like interviewing Willie Mays about whether the red line should be eliminated in ice hockey.
A Nobel prize in economics is one thing, understanding the economics of health care is quite another.
Paul Krugman has an agenda.
He is not promoting what he believes, he promotes what he wants.
The nationalization of banks -also discussed in this interview- is another example, as is the unfounded demonization of Goldman Sachs.
The medical-industrial complex? A cliche from the 60’s, any substance behind it?
The US can certainly do better in health care. But more honest and objective views will have to prevail.
"It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges." —John Maynard Keynes
According to the CFTC data for the week ended Tuesday, net shorts again went to a record high in the euro after last week's modest drop. Net shorts in the pound fell a touch from last week's record high. In contrast, net longs in the Canadian $ rose by 60% to the most since Nov '07 and net longs in the Australian $ rose 26% to a 7 week high. Net longs in gold rose for a 4th week, up slightly. Net longs in crude rose to a 7 week high....
July 3rd, 2009 at 8:54 pm
Paul Krugman does not understand very much about health care. He says, “The hard choices are all political.” He does not understand that there are two major issues in health, number one being, do you want a system about health or one about disease, and number two being, technology.
If you do not understand these two issues, as it is obvious, Mr. Krugman does not, then it would be like interviewing Willie Mays about whether the red line should be eliminated in ice hockey.
A Nobel prize in economics is one thing, understanding the economics of health care is quite another.
July 3rd, 2009 at 10:42 pm
Paul Krugman has an agenda.
He is not promoting what he believes, he promotes what he wants.
The nationalization of banks -also discussed in this interview- is another example, as is the unfounded demonization of Goldman Sachs.
The medical-industrial complex? A cliche from the 60’s, any substance behind it?
The US can certainly do better in health care. But more honest and objective views will have to prevail.