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.
Following Friday's expiration volume that was the 3rd lowest of the year (consolidated NYSE), today is on track to be slightly below even Friday. Today will also be the 3rd Monday in a row where the week started out with a bang based on the 'easy for longer, short $, buy stocks trade.' Two weeks ago we followed the G20 meeting with a Monday 2%+ rise in the S&P 500 with no further gains the rest of that week. One week ago we rallied 1.5% after the APEC in Asia said their stimulus plans won't end anytime soon but by...
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.