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Comments (5)
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  • 1

    Another great post Justin...keep at it...and throw some hard numbers in too... Actually, I'd like to read a consideration on the economic impact for implementing a system like Canada's. Say for example the current work force in the health care system, how would they be impacted in a transition if the US were to switch systems (oh how I wish)?.

    That's an argument Dick and his ilk would use to really scare the crap out of the electorate: 'OMG, you'd all be out of work, all standing in soup lines with no hope at all.' Thoughts?

    YMM
    June 5, 2007
    at 4:19 pm
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  • 2

    "I don't want to spend my day debating health care with Dick Armey, especially since, as noted previously, I don't really know what I'm talking about. "

    You don't really need to know that much about health care to know that Armey is full of it. And I still waiting for you, or Klein, or Carney or ANYONE to demand that Armey provide a cite for his '11% of health care costs go to regulations" thing...

    p_lukasiak
    June 5, 2007
    at 6:31 pm
    Log in to Reply
  • 3

    Just call him "Strelnikov"!

    Brad DeLong
    June 5, 2007
    at 7:23 pm
    Log in to Reply
  • 4

    Here's the correct link for your quote from Klein:

    http://www.prospect.org/csnc/blogs/tapped_archive?month=06&year=2007&base_name=post_3874#016790

    I think, if anything, Klein is too generous to Armey. There is no conceivable way that Armey's 11% claim makes sense, at least not in his second formulation that "For every $100 Americans spend on health care, we pay $11 to the regulator." As I commented last time, at $2 trillion a year in health care costs, that would be more that $200 billion a year that Americans are paying to "the regulator". Or in other words almost 2% of GDP. Or about 40% of non-defense discretionary federal spending. There just isn't any regulator in the US whose budget is anything approaching that. E.g. the FDA's budget is roughly a factor of 100 less.

    Crust
    June 6, 2007
    at 1:36 pm
    Log in to Reply
  • 5

    Thanks, Crust. I fixed the link.

    Justin Fox
    June 6, 2007
    at 2:05 pm
    Log in to Reply

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