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Politics : View from the Center and Left

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To: JohnM who wrote (118592)	8/18/2009 10:37:03 AM
From: JohnM	Read Replies (2) of 541926

Dean Baker on the co-ops. ----------------------------- The Conrad-Grassley Coop Boondoggle By Dean Baker - August 18, 2009, 5:48AM Senators Kent Conrad and Chuck Grassley want to set up a national system of health care cooperatives to compete with the likes of Aetna, United Health and other big campaign contributors. Does anyone want to bet that the federal money used to get these cooperatives off the ground will overwhelmingly be wasted? It's a pretty safe call that most of these cooperatives will not prove successful and will at best be small actors in the market. (We have evidence on which to base this assessment.) So, our great fiscal conservatives are apparently prepared to throw billions of taxpayer dollars in the toilet for the purpose of preventing the creation of a serious public plan that could compete with the insurance industry. There's nothing like a principled fiscal conservative. tpmcafe.talkingpointsmemo.com

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