Medpundit

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Tuesday, July 08, 2003

"Free" Care for All: Arnold Kling has been visiting Howard Dean's website and has much to say about Dean's plans for universal healthcare, which include expanding Medicaid to cover everyone under age 18 regardless of income. As Kling points out, this makes no sense:

Consider two families living under identical middle-class circumstances. One family chooses to spend its discretionary income on cable television, a brand new SUV, and extravagant birthday parties. The other family chooses to do without cable, drive a used car, and have modest birthday parties, so that it can spend its discretionary income on health insurance. Howard Dean would tax the second family to pay for health insurance for the first family.

Of course, under Dean's plan, the second family wouldn't bother purchasing health insurance, either. And neither family would have the money to buy SUV's, extravagant birthay parties and cable television.

posted by Sydney on 7/08/2003 08:20:00 AM 0 comments

Tuesday, July 08, 2003

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