Paul Krugman: California Death Spiral

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At www.nytimes.com

We also have to keep healthy people in the risk pool, which means requiring that people purchase insurance. This, in turn, requires substantial aid to lower-income Americans so that they can afford coverage. And if you put all of that together, you end up with something very much like the health reform bills that have already passed both the House and the Senate.

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At www.nytimes.com


 

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