LIVE BLOG: Like the Private Sector, but Not

Obama’s explanation of the need for a public option is a classic:

But an additional step we can take to keep insurance companies honest is by making a not-for-profit public option available in the insurance exchange. Let me be clear — it would only be an option for those who don’t have insurance. No one would be forced to choose it, and it would not impact those of you who already have insurance. In fact, based on Congressional Budget Office estimates, we believe that less than 5% of Americans would sign up.

Despite all this, the insurance companies and their allies don’t like this idea. They argue that these private companies can’t fairly compete with the government. And they’d be right if taxpayers were subsidizing this public insurance option. But they won’t be. I have insisted that like any private insurance company, the public insurance option would have to be self-sufficient and rely on the premiums it collects. But by avoiding some of the overhead that gets eaten up at private companies by profits, excessive administrative costs and executive salaries, it could provide a good deal for consumers.

We won’t subsidize the public option, but they won’t need all those profits! So presto, we have a level playing field. Huh? Either the entire administration is economically illiterate, or they think we are. And these options are not mutually exclusive.

0
Shares
Google+ Print

LIVE BLOG: Like the Private Sector, but Not

Must-Reads from Magazine

Trump Quietly Gives Putin What He Wants

Quid pro quo?

Until now, the notion that Donald Trump was providing Russia and Vladimir Putin with concessions at the expense of U.S. interests was poorly supported. That all changed on Wednesday afternoon when the Washington Post revealed that Donald Trump ordered his national security advisor and CIA director to scrap a program that provided covert aid to anti-Assad rebels in Syria.

27
Shares
Google+ Print

Voters in the Age of Affect

Is it Trump's posture, or is it simpler than that?

Though it enjoys a level of political dominance unseen since the 1920s, the Republican Party’s agenda is stalled. Yet, despite their failure to repeal and replace ObamaCare, Republicans are damned like Sisyphus to keep trying. Republican office holders must now administer health care’s taxes and subsidies, and the rest of the GOP agenda cannot advance without freeing up the revenue dedicated to the administration of ObamaCare. A dysfunctional, one-party Congress led by an unpopular neophyte in the Oval Office should precipitate a backlash among voters. But that outcome is far from certain. Ubiquitous surveys and studies dedicated to uncovering the mystery that is the curious and contradictory Trump voter suggests that this may indeed be a new political epoch.

11
Shares
Google+ Print

Iran’s Newest Hostage is Different

An escalation.

On July 16, 2017, Iranian Judiciary spokesman Gholamhosein Mohseni Ejehi announced that Iran had sentenced an American to ten years in prison for alleged espionage. An Iranian judiciary website subsequently identified the American as 37-year-old, China-born Xiyue Wang, a Princeton University Ph.D. student in history.

19
Shares
Google+ Print

Trump’s Naïveté on Display in Syria

The hen house is secured.

Eric Edelman–a former undersecretary of defense in the Bush administration, an aide to Vice President Cheney, and one of the most respected foreign policy hands in Washington–wrote that the July 7 meeting in Hamburg between Donald Trump and Vladimir Putin was the most disastrous superpower summit since John F. Kennedy met Nikita Khrushchev in 1961. That Cold War-era summit emboldened the Soviets to put up the Berlin Wall and send missiles to Cuba, thus bringing the world to the brink of nuclear war. It’s a harsh judgment, but its essential accuracy is being confirmed by what we have learned since July 7.

39
Shares
Google+ Print

The ‘Intersectionality’ Trap

No more Sister Souljah moments.

Republicans didn’t always scoff dismissively at the self-destructive, reactionary, fractious collection of malcontents who call themselves The Resistance. The hundreds of thousands who marched in the streets following Donald Trump’s election once honestly unnerved the GOP. This grassroots energy culminated in January’s Women’s March, a multi-day event in which nearly two million people mobilized peacefully and, most importantly, sympathetically in opposition to the president. It was the perfect antidote to the violent anti-Trump demonstrations that typified Inauguration Day, and it might have formed the nucleus of a politically potent movement. The fall of the Women’s March exposes the blight weakening the left and crippling the Democratic Party.

79
Shares
Google+ Print