That Old Market Magic
One thing that is becoming clear is that Donald Trump — however much he claims to differ with Republican orthodoxy and advocates protectionism — has nothing to offer on key problems except the same old same old: Let the markets rip and all will be well.
On health insurance, the notion that deregulating and letting insurance companies compete across state lines would lower rates so much that everyone could afford care is just ludicrous. Before the A.C.A., California — a huge state, bigger than most countries in population and G.D.P. — had a very lightly regulated individual insurance market. The result: cheap policies for healthy young men, but people with any kind of pre-existing condition were shut out completely.
Obamacare has done enormous good for exactly the kind of people who were denied health insurance and essential care in the past. What does Trump — or anyone on the Republican side — offer these people in return for taking away all their hope?
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