Monday, March 16, 2009


From the March 12th Economist:
Meanwhile, Mr Obama’s vow never to fiddle data rings a little hollow. Last week, for example, he declared that "[t]he crushing cost of health care causes a bankruptcy in America every 30 seconds." The Economist credulously repeated this claim. But it is false. The study on which it is based found that number of bankruptcies in 2001 from all medical-related causes, not just the cost of health care. That includes people who could not work because they were sick. In politics, all too often, eloquence trumps accuracy.
Yup--I said something similar two weeks ago, indeed, I was more specific: the "30 seconds" figure represents all bankruptcies, not the much smaller number where the bankrupt breadwinner is sick.

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