A friend (you know who you are) informed me that the Economist magazine was “getting better”, for example it had a lead story denouncing government debt. Of course this was the government debt that the Economist had urged government to take on (to bail out banks and other corporations and then to “stimulate the economy”), but it was good that it was denouncing the debt.
So I decided to give the Economist a chance and read their article (“editorial”) on American health care. After drinking a bottle of cider to recover (what a nice new bottle shape Henry Westons have produced) these on my thoughts upon that article:
It starts with a lie – Barack Obama was elected in part because of his plans to “fix American health care”.
In reality it was Hillary Clinton who stressed her health care plan during the Democrat primary campaign (Barack Obama just attacked her plan and made vague noises about his own). And during the general election campaign it was John McCain who came out with a specific health care plan, allowing people to buy health cover over State lines and switching the tax deductibility of buying health care cover from employers to individuals, whereas Barack Obama just (dishonestly) attacked the McCain plan and was vague about his own.
Barack Obama was elected President of the United States for several reasons (white guilt about mistreatment of black people, the total ideological devotion of the education system and the mainstream media, the insane judgement by John McCain to back the bank bailouts…), but stressing some specific plan to “fix American health care” was not one of them.
Still the Economist does not let the truth stand in the way of its articles, so it then outlines its position.
“Starting from scratch their would be a good case for a mostly publicly funded system” even for a magazine “as economically liberal as this one”.
This is a standard Economist trick – propose some form of statism and defend it by saying even we, the free market ones (the European meaning of “economically liberal”), are in favour of this statism. Of course the Economist never actually produces any evidence that it is pro-free market – but it is at trick it has been using since Walter Bagehot (the second editor, the first editor actually was a free market man) so I suppose it is a lie hollowed by history.
However, we are not “starting from scratch” so the Economist reluctantly concedes that some little freedom (about half of American health care is already government funded and the rest is tied up in regulations – facts that the Economist avoids, see later) must remain for awhile – it suggests five years. → Continue reading: The ‘Economist’ and American health care
