Whatever credibility the Nobel Prize committee had left after giving that POS Yasser Arafat the peace prize was lost when it gave Krugman the economics prize. The man is profoundly dishonest.
Krugman routinely writes things he knows aren’t true, and his column about the “public option” is no exception. Once one eliminates the straw men from his column, there’s nothing left. Here’s an example:
Nobody is proposing that Americans be forced to get their insurance from the government.
As Krugman knows, no one is arguing that people will be “forced” to get their insurance from the government. The argument that he avoids with this straw man is well expressed by Michael Tanner:
A public plan, regardless of how it was structured or administered, would have an inherent advantage in the marketplace over private insurance companies because it would ultimately be subsidized by American taxpayers.
Anyone with a modicum of literacy in economics, including Krugman, understands that this is true. Indeed, many advocates of the “public option” admit that they hope it will destroy private insurance.
The purpose of the public option isn’t to keep the insurance industry “honest.” Its purpose is to herd the lemmings off the cliff and into the gaping abyss of government-run health care.
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