Some Progressives Think "The Market" Can "Save" Medicare; Some Do Not
Two reactions to a David Brooks column from the progressive side remind me of the deep divide on policy regarding health insurance amongst progressives and Democrats; a divide that Ed Kilgore detailed back during the "public option/exchanges" debate. First Dean Baker:
The fourth [Ryan and Brooks'] belief assumes that there are no areas where the government can possibly do things better than the market. Ryan and Brooks may not understand this point, so I will explain.
If the government can provide a service like health care insurance or retirement pensions more efficiently than the private sector, as a vast body of evidence suggests [. . . then] Ryan['s] Medicare proposal would add more than $30 trillion to the country's health care costs over Medicare's 75-year planning period. This amount, which reflects the pure increase in costs, not the shift from the government to beneficiaries, is almost 6 times the projected shortfall in the Social Security program.
(Emphasis supplied.) Now read Ezra Klein:
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