So writes Rolling Stone’s Matt Taibbi, outlining how healthcare reform might make things even worse than before. Taibbi is an advocate of single-payer healthcare. His advice in a series of videos (here): scrap watered-down reform and put single-payer back on the table.
Basically, he’s warning about the dangers of half-assed reform (as I’ve noted before), and I think he’s largely correct. A strong public option would be an incremental step toward single-payer. Unfortunately, we’re not going to get a strong public option — and that’s a big defeat for Obama in my view.
Btw, single-payer isn’t the only answer. You can have meaningful universal coverage with a properly regulated private insurance industry. But single-payer is a viable alternative to a failing U.S. healthcare system.
For more fun visit Infectious Greed and watch Taibbi take on an overmatched Maria Bartiromo. (Also, be sure to note how many comments on this finance blog side with Taibbi and trash Bartiromo).
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