WSJ Op-Ed: Why Obama's Health Plan Is Better

David M. Cutler, J. Bradford DeLong, and Ann Marie Marciarille explain in a WSJ op-ed why Barack Obama's health care plan is superior to that of John McCain, noting that under McCain's plan:

Those already sick are completely out of luck, as individual insurers are free to deny coverage due to pre-existing conditions. Mr. McCain has proposed a high-risk pool for the very sick, but has not put forward the money to make it work.  [...]

The immediate consequences of the McCain plan are even worse. The McCain plan is a big tax increase on employers and workers. With the economy in recession, that's the last thing America's businesses need.

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