Tuesday, November 24, 2009

Healthcare Reform and cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 Big Tradeoff

David Brooks gets it right today about cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 debate over healthcare reform. The fundamental question is, Should Americans embrace a more robust social safety net at cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 cost of much higher marginal tax rates, reduced work incentives, and a smaller economic pie?

From a strictly economic perspective, cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365re is no right answer to this question. Arthur Okun said long ago that cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 big tradeoff in economic policy is between equality and efficiency. The pending healthcare reform bill moves us along that tradeoff. Let's just not pretend, as some healthcare reformers would have us do, that we can easily get more equality without paying cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 price in efficiency.

Put simply, cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 healthcare reform bill would make cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 United States more like western Europe. That may mean more security about healthcare, but it also means that future generations of Americans will likely spend more time enjoying leisure.