I’m pretty sure most of the problems in Washington can be traced back to the fact that it’s populated largely by people who’ve never actually had to run a business. Here’s the delightfully clueless Robert Reich in today’s Wall Street Journal:
Yet without a public option, the other parties that comprise America’s non-system of health care — private insurers, doctors, hospitals, drug companies, and medical suppliers — have little or no incentive to supply high-quality care at a lower cost than they do now.
Yeah, other than the fact that each of them is competing for survival with hundreds of other companies out to steal their customers, there’s no incentive at all to supply high-quality care at a low cost.
Really, how can someone even utter these words? It’s the same ignorance underlying Obama’s assertion yesterday:
Why would it drive private insurers out of business? If private insurers say that the marketplace provides the best quality health care, if they tell us that they’re offering a good deal, then why is it that the government — which they say can’t run anything — suddenly is going to drive them out of business? That’s not logical.
His inexperience with the real world is such that he’s unable to understand that a government plan, unconstrained by the need to generate profits or even avoid massive losses, would drive private insurers out of business. He doesn’t know enough about business to know that that private insurers have to account for the cost of their administrators, and have to prove themselves an attractive place to invest, while the government can plow billions upon billions of untraceable taxpayer dollars into their layers of bureaucracy and still continue to operate forever (witness Medicare or Social Security).
I used to think the Democrats were malicious about their desire to kill the free market, but increasingly I think they are just ignorant to such an overwhelming extent that anyone who ever ran so much as a lemonade stand can’t even conceive that they are sincere.
It’s utterly shocking.