April 26, 2007
The Democratic Debate: Universal Health Care
Posted by Gordon Smith

Hillary Clinton wants to take another shot at fixing health care in the United States, which reminded me of my recent dinner with the CEO of a major hospital. Addressing a group of mostly liberal Democrats around the table, the CEO said, "many of you think you want universal health care, but the cost of universal health care is a cost you are unwilling to pay: access and innovation."

Hillary returned to the theme when asked whether Wal-Mart were a good thing or a bad thing for America. Hillary said Wal-Mart is a "mixed blessing." Low costs are great, but Wal-Mart needs to be a leader in providing health care. This reminded me of Arthur Leff's great statement about the doctrine of unconscionability embodying "our incoherent hearts' desires."

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