A Closer Look…

November 4th, 2007 by Matt Hittle

In 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.

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