Obama today in New Hampshire tried to dispute the idea that a government-run insurance would drive private insurance companies out of business, making the system de facto single-payer.
As long as they have a good product and the government plan has to sustain itself through premiums and other non-tax revenue, private insurers should be able to compete with the government plan, Obama said.
Here comes the money quote:
"They do it all the time," he said. "UPS and FedEx are doing just fine. ... It's the Post Office that's always having problems."
Get that? It's not the private sector carriers that are in danger, but the quasi-governmental one. That's comforting!
Update: Here's the video, HT/ Wizbang
Cross posted at Say Anything
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