Thursday, October 18, 2007


We're losing money if we don't spend it

In an otherwise uninformative column on the supposed commonsense beauty of yet another proposed government mandate to help the poor that Barney Frank(!) assures us will not cost us money, David Broder adds a little errata sheet:

In my Oct. 14 column, I attributed to the Congressional Budget Office the estimate that the Wyden-Bennett health-care plan, if enacted, would save the country $336 billion over the next 10 years. The estimate actually came from the Lewin Group, a private consulting firm. The CBO has not scored the legislation.”

(The Wyden-Bennett plan aims to get the federal government involved by establishing a publicly subsidized individual health insurance program.)

Now that may seem like a whole lot of savings going on but it seems that just getting such insurance to all of California, as a universal health care proposal introduced in California aimed to do, “…would save California $343.6 billion in health care costs over the next 10 years…” (or nearly $8 billion more than getting it to all Americans)

That was also based on a Lewin Group study (which apparently has never found a government health care program that doesn’t save us gobs of money.)

So here’s what I’m hearing:

A number of years ago we got a letter from the NYT informing us that they were losing money on every customer who subscribed so that they would have to raise the subscription rate. That put the paper out of our reach, so I wrote back that they'd be very happy that we're cancelling our subscription as they would no longer lose as much money.
Or something like that.
if I seriously thought they would lose money on my subscription, I'd be in...
Post a Comment

Links to this post:

Create a Link

<< Home

This page is powered by Blogger. Isn't yours?

Preview on Feedage: maryland-conservatarian
Add to Windows Live iPing-it