Friday, September 17, 2010

Jon Stewart interview with Bill Clinton

Thursday night's interview with President Clinton once again show why the President gets it. He explained the issues in the economy, not in sound bites but in a reasoned manner. Then he explained why he is for health reform. The most astonishing number is that in 2009 (worst economic year ever) the health insurers made 29% more money. How can this be, they raised rates and dropped the sick patients. Pretty simple. When inflation was zero or negative these guys were able to make 29% more money. I'll admit that the health reform bill as passed will not solve this problem, because there is no provision to control costs, but everyone should agree that this system is screwed up and all that we hear about is a government takeover. As the President said "you can complain about a government takeover of health care but when you have the companies kicking people out who are winding up on medicaid you are getting a takeover".

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