``I must give him his due. He has considerably cretinized me.'' Lautréamont

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Sunday, July 22, 2007

Vetoing Children’s Health (NYT)

medical costs are soaring because of third party payments

third party payments are needed because of soaring medical costs

you can actually figure this out if you're not liberal. side effects never trump good intentions, if you're a liberal.

rely instead on what used to work, namely charitable work by doctors, in the form of fees that are tailored to the ability to pay.

it used to be the standard economic example of variable pricing. all that's needed is that the product be nontransferrable, which is certainly true of medical services.

President Bush’s shortsighted ideological opposition to a highly successful children’s health program would leave millions of children without health insurance at a time when medical costs are soaring.


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