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Krugman's Blind Eye to ObamaCare Failures
Investor's Business Daily ^ | 07/15/2014 | IBD Staff

Posted on 07/15/2014 4:09:13 AM PDT by IBD editorial writer

Health Reform: Nobel Prize-winning economist Paul Krugman says critics of ObamaCare should cease and desist, because the law is "working." Given his track record on health care analysis, we'll politely ignore this advice.

In 2011, the same Krugman declared the Veterans Health Administration was "a huge policy success story, which offers important lessons for future health reform" because, among other things, "it's free from the perverse incentives created when doctors and hospitals profit from expensive tests and procedures."

It turns out the VHA is more akin to a cesspool of bloated bureaucracy, mismanagement, deadly delays and cover-ups.

A couple years earlier, Krugman was extolling the British National Health Service, telling readers how "in Britain, the government itself runs the hospitals and employs the doctors. We've all heard scare stories about how that works in practice; these stories are false."

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Editorial; Government; News/Current Events
KEYWORDS: healthcare; krugman; obamacare; worsteconomistever

1 posted on 07/15/2014 4:09:13 AM PDT by IBD editorial writer
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To: IBD editorial writer

Actually, it is not working. We learned yesterday that doctors were refusing to accept patients with Humana Obamacare cards because they would not ever get paid. In 6 monyhs or so they have learned that the Obamacare patients actually have no insurance

So, if there is no actual insurance paying the bills for card holders, there is no Obamacare.


2 posted on 07/15/2014 4:14:10 AM PDT by bert ((K.E. N.P. NEgypt.C. GOPc.+12 ..... Obama is public enemy #1)
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To: IBD editorial writer
Krugman survives on the myth that he was once accomplished and relevant.
3 posted on 07/15/2014 4:51:57 AM PDT by SampleMan (Feral Humans are the refuse of socialism.)
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To: IBD editorial writer

Wasn’t this asshat fired by some organization somewhere?


4 posted on 07/15/2014 5:16:35 AM PDT by ontap
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To: SampleMan

Krudman is so...yesterday.


5 posted on 07/15/2014 5:16:41 AM PDT by Eric in the Ozarks (Rip it out by the roots.)
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To: IBD editorial writer

Krugman: the worst kind of leftist liar.


6 posted on 07/15/2014 5:50:22 AM PDT by BlueStateRightist (Government is best which governs least.)
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To: IBD editorial writer

More part-time jobs now than full-time jobs.

Yep, it’s working perfectly!


7 posted on 07/15/2014 7:04:45 AM PDT by Dr.Deth
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To: IBD editorial writer
Krugman wouldn't survive in a business that depended upon service and product production. His advice is worthless and his insight isn't.
8 posted on 07/15/2014 7:50:00 AM PDT by vetvetdoug
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