A Closer Look…
November 4th, 2007 by Matt HittleIn today’s New York Times, Harvard University economics professor-and author of my university’s economics textbooks, Greg Mankiw, discusses the Left’s most commonly used data to support their desire for socialized health care, and why they’re misleading.
Mankiw discusses 3 main statements that could be heard on any Hillary Clinton TV spot:
- STATEMENT 1: The United States has lower life expectancy and higher infant mortality than Canada, which has national health insurance.
- STATEMENT 2: Some 47 million Americans do not have health insurance.
- STATEMENT 3: Health costs are eating up an ever increasing share of American incomes.
For more interesting economics news and viewpoints, visit Mankiw’s blog.