WILL FERRELL, JON HAMM, ET AL
Sarcasm doesn’t always play well, but in this case I think it may. And they are right, of course: we should have a public option.
ARIZONA ALREADY DOES
As the public debates what might happen if the government enacts a public health care option, Arizona’s experience may serve as a touchstone.
A public option for small businesses has been in place there for decades.
Under the Healthcare Group of Arizona — the state’s publicly sponsored option for small businesses — employees have a $2,000 yearly deductible and have co-pays for doctor and hospital visits. But their premiums are less than half of what private insurance would cost. The insurance is portable; premiums are determined not by health conditions but by age, gender and business location.
“The public option has been working for me in comparison to what I can get,” says Susan Gamble, who owns a small business. Gamble pays about $3,000 per employee versus the $7,000 she would pay with a commercial insurer. And Gamble has a pre-existing condition, which might make private options more expensive— and more difficult to get.
BRIGHT, DIMMABLE, 6-WATT LED
So I’m sitting next to a guy named “Philips” whose great-grandfather started Philips Electronics, one of the world’s 200 largest companies, and he shows me a dazzling $35 third-generation 5-watt LED lightbulb that his own little start-up company began selling last month. Google bought 25,000 of them. How can something that draws just 5 watts emit such bright light? It’s way better than the LEDs I had previously purchased. He gave me one of the even more expensive 6-watt dimmable variety, which shines even as I type. The economics are compelling over the estimated 35,000-hour life of the bulbs (which come with a three-year warranty).
Should you wait until they’re discounted at Wal-Mart one day? Probably. But for the early adopters in the crowd, what could be more exciting? I clicked the link above and bought several more.
Even as the rest of the world economy is in various states of gloom, China is booming. This is a good thing, and could help revive the rest of the world. But the subject of this clip is girls on bikes. It just builds and builds.
Quote of the Day
[It would be splendid if someday] economists could manage to get themselves thought of as humble, competent people, on a level with dentists.~John Maynard Keynes
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