Tuesday, September 15, 2009

WE NEED BETTER SENATORS

Overall, I'd say Sen. Lindsey Graham is one of the more well-regarded members of the Senate but that clearly isn't good enough. This reply shows that he's ignorant of one of the most important economic issues underlying health care reform:
John McCain, Lindsey Graham Take a Stand at The Citadel
Posted:
09/14/09
Mary C. Curtis
Politics Daily

One brave soul stood up to complain about the "conflict of interest between profit and care of the individual" and say a single-payer system is not socialized medicine; he got another Graham rebuke ("Making money is OK, pal") and a few scattered boos.

This conflict of interest is one of the mant important points the economist Kenneth Arrow made in his landmark 1963 analysis of health care.

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