Friday, December 11, 2009

News of the tautological

The report starkly warned that a new long-term care insurance plan included in the legislation could "face a significant risk of failure" because it would attract people in poor health, leading to higher and higher premiums, and eventually triggering an "insurance death spiral." Well, duh. A small price to pay for the triumph of AmeriSoc.

1 comment:

Tecumseh said...

Kraut on Pepean logic.