Megan McArdle has a
post explaining how one the one hand it is right for Phil
Klein to report that the CBO analysis of the Senate bill
indicates that certain premiums will rise and on the other
Krugman can claim that it says the exact opposite.
It's a confusing topic, and there are real judgment calls to be
made regarding whether premiums would go up or down.
But Krugman presented a graph created by MIT economist Jonathan
Gruber using data from a different CBO score as if it
corresponded to the most recent CBO score. He did so in order to
deride Republicans, in a way that is
terribly misleading.
McArdle:
The only thing I can say with real confidence is that Paul
Krugman's interpretation of the whole affair is very odd:
"But here's the thing: senior Republican politicians suffer
from reading comprehension. (To be fair, the CBO report is
written in a remarkably elliptical style). Several have already
claimed that the report shows that premiums will rise.
And they probably won't get called on it."
Republican politicians are saying this because this is, in
fact, what the CBO report says: average premiums will be
higher.
pallet racking| 1.8.10 @ 3:06AM
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