Friday, August 10, 2007

Steve Skvara said. . .

When LTV filed bankruptcy, my Nana lost her eligibility for medical coverage through a technicality. She was a surviving spouse and not the employee himself. My grandmother was forced to spend her hard-earned savings on additional medical coverage through a private insurer, and the cost of healthcare wiped out most of her savings.


Nobody likes it when things like this happen. The people who are doing it don't like it, either. But, sad to say, the only way for government or anyone else to do anything about it is to create enough wealth in the economy to pay for whatever it is you're going to do. The best way to do that, hands down, is free trade.

After all, if nobody earns it, you can't tax it.

No comments: