We've heard the predictable squacking from the 'usual suspect' leftie Dems and union hacks over American businesses (cue scary music) ... actually...making...money. Conveniently timed to refresh the tired whining about the target of the moment, in this case health insurance companies, they give us cause to fear for the future of the American system of free enterprise--because every year, ever larger portions of citizens emerge from our education system relatively clueless about how our economy works. How businesses afford to hire people, pay shareholders, develop new products and services, gosh, how they are able to pay taxes:
"Profits We Should Cheer" by Stephen L. Carter
"A specter is haunting America: the specter of profit. We have become fearful that somewhere, somehow, an evil corporation has found a way to make lots of money.
"Today, the debate on the overhaul of the health-care system sparks a shiver of deja vu. The leitmotif of the conversation about the coming shape of health insurance is that the villain is the system of private insurance. "For-profit" firms come under constant attack from activists and members of Congress.
"Thus, a recent news release from the AFL-CIO began with this evidently alarming fact: "Profits at 10 of the country's largest publicly traded health insurance companies rose 428 percent from 2000 to 2007." Even had the figures been correct -- they weren't -- we are seeing the same circus. Profit is the enemy. America could be made pure, if only profit could be purged.
Educate yourself a little: http://www.washingtonpost.com/wp-dyn/content/article/2009/07/29/AR2009072902626.html
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