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Exchange of the Day
Responding to a comment from David Walker, the former head of the Government Accountability Office, that “You can’t cut [costs] by expanding coverage” to the nearly 50 million uninsured, Mr. Summers said, “We’ve rejected that view.”
3 Responses to “Exchange of the Day”
I don't know if anyone watched Obama's remarks yesterday, but he compiled a list of the players in healthcare who have already agreed to lower costs.
Unfortunately, I can't find a transcript of his remarks, otherwise I would post that section as an alternative quote of the day, so I hope this bit of summary from USNews will suffice:
GeorgeS my understanding is the agreements are all non-binding. I've read the AMA's promises which are all vague, not to mention less than 20% of practicing physicians actually belong to the AMA.
But look at Summers and Walker's statements and ask which is more plausible? Obama, Summers, et al are saying you can add 50 million people to the health care rolls and still cut costs. They might as well be saying Up is Down and East is West.
DaGoat–
It's one thing to say it's implausible. (Though I don't think it's quite as implausible as you are claiming, that's arguable.)
It's another thing to say they aren't trying to do it.