Author: Zaroc StoneZaroc Stone Date: Sep 19, 2008 07:26
McCain-Palin Health Plan Relies on the Very Marketplace Strategy
That's Crippling Our Economy
By Bob Herbert, The New York Times. Posted September 18, 2008.
The Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers and AIG
fiascos show just how well the unfettered marketplace has been
working.
Talk about a shock to the system. Has anyone bothered to notice the
radical changes that John McCain and Sarah Palin are planning for the
nation's health insurance system?
These are changes that will set in motion nothing less than the
dismantling of the employer-based coverage that protects most American
families.
A recent study from scholars at Columbia, Harvard, Purdue and Michigan
projects that 20 million Americans who have employment-based health
insurance would lose it under the McCain plan.
There is nothing secret about Senator McCain's far-reaching proposals,
but they haven't gotten much attention because the chatter in this
campaign has mostly been about nonsense -- lipstick, celebrities and
"Drill, baby, drill!"
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