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We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.

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    Tuesday, October 13. 2009

    MIT Professor Rebuts His Rebuttal

    The New York Times makes much of a MIT professor disputing the PriceWaterhouseCooper analysis saying that ObamaCare would escalate the cost of private insurance policies.  This same MIT professor in 2007 published the result of his study of 10-years experience with "crowd out," the shift from private insurance to government programs when government programs are expanded.


    In Prof. Gruber’s own words after studying the effect of government insurance programs, “Our central estimates suggest that crowd-out is on the order of 60%: private insurance coverage is reduced by 60% as much as public insurance coverage rises when there are public eligibility expansions.”


    Prof. Gruber is touted as an advisor to devising the Massachusetts experiment that has resulted in higher costs than promised, less access, and now moves toward rationing top-class care, the state's private insurance policy premiums being among the highest in the US. 


    Professor, are you willing to swap your MIT health plan to join the plebes? 

    Posted by Bruce Kesler at 11:06 | Comments (0) | Trackback (1)

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    MIT Professor Rebuts His Rebuttal
    At Maggie’s Farm, Bruce Kesler writes spots another professor who has all the bases covered: The New York Times makes much of a MIT professor disputing the PriceWaterhouseCooper analysis saying that ObamaCare would escalate the cost of private i...
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