Thursday, February 25, 2010

Milton Friedman Responds to Barack Obama's Health Care Summit

If libertarian economist Milton Friedman were alive today, and was invited to speak at President Obama's health care summit (televised live today), he might say something like this:



Hat tip to the Bluegrass Institute for Public Policy

And if you haven't read it yet, you absolutely must read (and share!) the Cato Institute's article explaining exactly what the Democrats' health "reform" bill will do and why it is definitely hazardous to your health:

Health Reformers' Worst Idea

"His health-care overhaul adrift and increasingly unpopular, President Obama has invited Republicans to a televised summit today to discuss "all the best ideas that are out there." Odds are that Democrats will use the moment to exalt - and berate Republicans for blocking - one of their worst ideas: federal price controls on health insurance."

Read the whole thing here.

4 comments:

conservative generation said...

snif snif. I miss Milton Friedman. Boy would I love to see him kick Paul Kruman's lame butt around in a debate.

W. E. Messamore said...

I know, right? I think Dr. Krugman has pretty much lost all credibility at this point as a serious analyst. He's made it clear that he's more interested in partisan hackery.

Thanks for dropping me one, CG. You are kind of rocking my world with the Friedman love here. I wish everyone knew and loved that man.

conservative generation said...

HULI - post Friedman and I'll be there. I'm an economics geek. Friedman and Laffer were the reasons I pursued a degree in economics.

You are spot on with Krugman. He is such a political hack he's completely diminished his Nobel prize.

My guess is that he wants a top economic appointment from Obama. It's the one thing missing from his resume.

W. E. Messamore said...

You know I got to meet Laffer? He moved here to middle Tennessee from California because we have no income tax ;)

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