Saturday, August 8, 2009

Suckers

Charles Krauthammer - Obama Will Settle for Less on Health Care - washingtonpost.com: "But wouldn't this bankrupt the insurance companies? Of course it would. There will be only one way to make this work: Impose an individual mandate. Force the 18 million Americans between 18 and 34 who (often quite rationally) forgo health insurance to buy it. This will create a huge new pool of customers who rarely get sick but will be paying premiums every month. And those premiums will subsidize nirvana health insurance for older folks.

Net result? Another huge transfer of wealth from the young to the old, the now-routine specialty of the baby boomers;"


Today's 18 - 34 year olds better get their heads out of their, er, out of the clouds, and into the political game, or the boomers are gonna rob them blind. They and their children will end up share-croppers on the big government-run cotton plantation, always owing more at the end of the year than they made.



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