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CBO scores have come in showing HCR actually doing better to expand coverage and improve our fiscal picture than they'd previously thought.

Krugman takes on the myths and concludes:

So what's the reality of the proposed reform? Compared with the Platonic ideal of reform, Obamacare comes up short. If the votes were there, I would much prefer to see Medicare for all.

For a real piece of passable legislation, however, it looks very good. It wouldn't transform our health care system; in fact, Americans whose jobs come with health coverage would see little effect. But it would make a huge difference to the less fortunate among us, even as it would do more to control costs than anything we've done before.

This is a reasonable, responsible plan. Don't let anyone tell you otherwise.

I'd imagine we can do even better than that now that we have 50 votes for reconciliation (not 50 for a public option yet, though).

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Fri Mar 12th, 2010 at 10:08:32 AM EST
But coverage mandates combined with lack of a public option and, hence, little competitive pressure on private insurance to hold down rates still makes it a boondoggle for the insurance companies. And attempts to remediate these problems will be fought on turf that is favorable to the insurance companies: Congress, increasingly, the courts and the executive branch under Obama and, especially, future Republican administrations.

It will come down to the question: do we want to allow the insurance companies to swallow the economy or can we rein them in once they have become even more powerful and rich. They will certainly have natural allies on Wall Street, and we see how well goes the struggle to rein in excessive executive compensation there.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Mar 12th, 2010 at 11:40:43 AM EST
[ Parent ]
TATTOO: The plan, boss! The plan!
ROURKE: Yesssss, Tattoo...

BEFORE

and AFTER

Now, go! Spread the nutello. Nutello for eveeeryone!

Diversity is the key to economic and political evolution.

by Cat on Fri Mar 12th, 2010 at 01:01:28 PM EST
[ Parent ]

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