USD College Republicans

Tuesday Nov 27, 2007

Mankiw > Krugman

Yes, Mankiw is greater than Krugman...in my humble opinion
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Harvard Economics Professor N. Gregory Mankiw, known by USD students as that guy who wrote your economics textbook, recently published an excellent article in the New York Times in which he discusses universal health care. Frankly, I'm surprised the NYT even published it. Either way, it's very good.
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"WITH the health care system at the center of the political debate, a lot of scary claims are being thrown around. The dangerous ones are not those that are false; watchdogs in the news media are quick to debunk them. Rather, the dangerous ones are those that are true but don’t mean what people think they mean."
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Mankiw explains three mischaracterizations (or, dare I say...LIES?), that the Left uses as justification for universal health care. They are:
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"STATEMENT 1 The United States has lower life expectancy and higher infant mortality than Canada, which has national health insurance.
"STATEMENT 2 Some 47 million Americans do not have health insurance."
"STATEMENT 3 Health costs are eating up an ever increasing share of American incomes."
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Check out this link if you want to know how he debunks these claims:
http://www.nytimes.com/2007/11/04/business/04view.html?ex=1351828800&en=7abf86ba1f3f353d&ei=5124&partner=permalink&exprod=permalink
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-Matt Hittle

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