The Real Failure

In the New York Times today, Paul Krugman once again cites his position that despite grumblings from the GOP and tentative Democrats, President Obama’s stimulus and reform package is still not enough:

The debate continues on as to whether or not Obama should be making these sweeping measures just temporary, like immediate  infusions of capital into the banking system, or also to include more long-term reforms, like universal health care, into the picture.  I have one sentence for you: he needs to be as far-reaching, innovative, and gutsy as he can.  Even if all the so-called “economic” disasters are fixed, without the implementation of an inclusive health care policy the economy will fail.  Medical insurance costs have caused many companies to shut their doors or move overseas.  Health care is not a luxury anymore that employers can offer their employees; the burden has become too costly, its lack of transportability between jobs is a death sentence for the insured and the third party payers who offer private insurance are reaping profits of 30% off of a system that is about to implode.  No Siree.  If we fail to enact universal health insurance the economy will not, CAN NOT ever rebound or recoup.

The possibility of health care reform came up previously about ten years ago, again during hard economic times.  But the financial climate got better, and the situation was ignored.  That is why we must act now to implement some sort of health care plan for our country.  If we dillydally until our economic scenario naturally turns a bit brighter, the urgency will diminish, although the basic underpinnings of our economy will remain weak and crumbling.

Sometimes, like right now, we must turn an emergency into widespread policy change.  These changes, such as universal health insurance, energy independence and the removal of politics from the scientific arena, are long overdue.  They were contributary to the present disastrous state of our country and without solving these problems, our actual existence will remain in doubt.  Certainly, our future will be much more iffy and fragile.   Across the board, the time to act is now.  And we must act BIG.

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