October 03, 2007
Bush vetos S-CHIP, then heads to PA to sell it
Right now, Connecticut native George Bush is in Lancaster, PA trying to sell his economic policies. To a handpicked bunch of supporters. Maybe 150 of them. I wonder how much they had to be paid to come listen?
Having vetoed that S-CHIP bill earlier, he has decided to go out into the world and talk about why it was a good idea. He talks about keeping taxes low but the increase in the program was negligible compared to the war funding appropriation. Seriously, it was 3-4% of the war funding. Regardless of the size, this is a cost effective, long term program that keeps emergency room visits low and actually has the net effect of lowering health care costs and taxes. Bush would know that if he'd actually spent time analyzing the costs of kids without health care on a community. Look at Travis County's budget.
He's also saying it was about keeping bureaucrats out of your health care decisions. It must be nice to not have to deal with that stuff. If he did, he'd know that whether they work for the government or the health insurer, a bureaucrat will be making decisions. Given that, doesn't it make sense to go with the more efficient operation and the cheapest payment?
That would be the government. Problem is, Bush can't see that because he's blind to financial reality. It's a talent that helped him run companies into bankruptcy AND change the US budget from surplus to deficit almost overnight.
The stocks of private insurers are up across the board.
Posted by mcblogger at October 3, 2007 10:57 AM
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