re: #278 jaunte

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Jonathan Chait:
“…Conservatives disagree philosophically with the very concept of insurance as most Americans experience it. Insurance means spreading risk, which is a form of redistribution. Republicans postured against Obamacare from the left, denouncing its high deductibles and premiums, and promising a better, cheaper plan that would cover everybody. Their plan, inevitably, did the opposite. All politicians overpromise, of course. But the Republicans did more than overpromise. They delivered a policy directionally opposed to their promises.

It is not possible to write a bill that meets public standards for acceptable health-insurance coverage within the parameters of conservative ideology.”

It makes you wonder if the GOP were around in the 1700s whether they would approve of Lloyd’s insurance business.