Friday, October 5, 2012

Krugman’s Sick Numbers

In his Romney’s Sick Joke, New York Times columnist Paul Krugman makes the sky-is-falling  claim that 89 million Americans under 65 “would be left out in the cold (without health insurance) under Mr. Romney’s plan…By the way, that’s more than a third of the U.S. population under 65 years old…. Another answer is 45 million, the estimated number of people who would have health insurance if Mr. Obama were re-elected, but would lose it if Mr. Romney were to win.”

I am surprised that Krugman did not tell us how many Americans Romney would allow to die so that he could “cut taxes on the wealthy.”

Politicians, especially liberals, have a nasty habit of creating government programs to solve problems, without knowing whether the problem exists, and, if it exists, how big the problem is. Obama Care was passed, without a Republican vote, to solve a long list of problems – the uninsured poor, those with existing preconditions, the lack of universal coverage, soaring health care costs, and so on – that seems to change with political convenience. According to Krugman, the health-care crisis now is preexisting conditions and Romney’s heartless cuts to Medicaid.

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  1. One day Krugman will pay attention to you.

  2. Something is up with the Nobel Laureates these days. They have tough times with the data and theory. Joseph Stiglitz seems to evade economic theory in his descriptive and prescriptive public dialogues.
    Oct 5, 2012 interview: