Profits We Should Cheer

WASHINGTON POST, 7/30/2009 by Stephen L. Carter - The Quest for Profit Can Benefit Health Care: 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. ∴ Flash back three years. In 2006, Exxon Mobil announced the highest profit in the history of American corporate enterprise. Politicians and pundits stumbled over each other to call for an investigation and for some sort of confiscatory tax on the money the company earned. Profit, it seemed, was an evil, but large profit was even worse. ∴ 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. Read more at the Washington Post...

Hat tip: John Detweiler
John writes, "Something else to make you uneasy." Read More......