Thursday, June 04, 2009

Quick Hits

Barak Obama is pressing lawmakers to take action on health care because he insists this problem is adversely affecting our economy. The results of a recent study seem to confirm the notion in spades. Here are a couple points that stand out to me:

1. Medical bills are involved in more than 60 percent of U.S. personal bankruptcies.

2. More than 75 percent of these bankrupt families had health insurance.

3. 15 percent of the population -- 46 million people -- have no coverage.

Harvard Study

There are plenty of studies which show that a single-payer system that covers everybody is the most efficient solution, but that seems unlikely to happen because Mr. "Yes We Can!" seems unwilling to promote it.

I hope we wind up with something better than we have now. The facts of the matter are becoming more and more alarming.

ADDENDUM: The Boston Globe posted an article that says Obama is pressing for a publicly-funded health insurance option. Details here.

Sometimes problems exist only because there is no will towards what works. I hope this is a small sign that Obama is as giving to the rest of us as he is to Wall Street bankers.

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Foot Quotes

"Ignorance more frequently begets confidence than does knowledge"

Charles Darwin