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September 20, 2008, 5:29 am

Krugman on McCain and Healthcare

This From His Blog:

Here’s what McCain has to say about the wonders of market-based health reform:

“Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation.”

So McCain, who now poses as the scourge of Wall Street, was praising financial deregulation like 10 seconds ago — and promising that if we marketize health care, it will perform as well as the financial industry!

Ouch! That was tough.

There is no denying it. The Republican Party is the wrong side of all the issues. I’ll be the first to admit this. Especially the economy. I know, many people within that party will deny this, but it is true. However, I will say this also. It is because of recklessness in both parties, Democrats and Republicans both, and yes, that does include the Clinton Administration as well, that we’re in the situation we are in now.  

I just hope that the powers that be, will make decisions for the well being of the country and will put partisan politics aside.

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