Top White House Advisor on Economic Policy Needs a Few Lessons
U.S. Senator Chris Murphy (D-CT) is the latest to be astonished that the White House actually has no idea how insurance works.
Tuesday afternoon CNBC's John Harwood posted a tweet about Stephen Moore, a Trump economic advisor and one frequently cited by the Trump White House.
Trump adviser Moore on unfairness of the healthy subsidizing the sick: "people want insurance for their own families, not other peoples' "â€” John Harwood (@JohnJHarwood) September 19, 2017
As many, many people pointed out, this is exactly how insurance works - and why it works: spreading risk among a group of people so no one takes the full "hit."
As Raw Story put it, "Moore was explaining why it's unfair to have an insurance system where healthy people subsidize sick people."
Which, again, is exactly how insurance works.
Senator Murphy had a bit of fun with Moore's - and the White House's - lack of understanding of how insurance works:
The idea that the White House doesn't know how insurance works is so freaking fantastic. https://t.co/W0xWkkryt0â€” Chris Murphy (@ChrisMurphyCT) September 19, 2017
Earlier Tuesday Sen. Murphy issued this warning, urging Americans to take action to prevent the Republicans from passing their latest "repeal and replace ObamaCare" bill:
Years from now, when your child is denied health care bc of his illness and you are facing bankruptcy, you'll regret being silent this week.â€” Chris Murphy (@ChrisMurphyCT) September 19, 2017
Here's what others had to say about Stephen Moore's ignorance:
Then they don't want insurance, because that's how insurance works.https://t.co/UZW9ZmS7OYâ€” Kevin M. Kruse (@KevinMKruse) September 19, 2017
One thing I've leaned in 2017 is that a stunning number of "conservatives" have no idea how insurance works https://t.co/wJjp0p5qOLâ€” Aaron Rupar (@atrupar) September 19, 2017
Cool, somebody who doesn't understand how insurance works is trying to change how insurance works. This should end well. https://t.co/RLuXe95Rqtâ€” scary lawyerguy (@scarylawyerguy) September 19, 2017
THIS IS LITERALLY HOW INSURANCE WORKS. HOW THE F DO YOU THINK IT WORKS? CAN I GET AN ACTUARY UP IN HERE TO EXPLAIN INSURANCE TO THESE FOOLS https://t.co/k2Q9wY7khNâ€” Alexis Goldstein (@alexisgoldstein) September 20, 2017
How insurance works aside, Moore is appealing to people's willingness to let their neighbors get sick and die. https://t.co/a0hGKlJJZkâ€” Ned Resnikoff (@resnikoff) September 20, 2017
"As a top White House adviser, I have no idea what health insurance is or how it works." https://t.co/xrejXKpqpgâ€” German Lopez (@germanrlopez) September 19, 2017
absolutely delighted that people who genuinely don't understand how insurance works are regulating itâ€” call congress (@haircut_hippie) September 19, 2017
This really defines the Republican mindset. All for me, none for thee.â€” Chad Fitzgerald (@here_is_chad) September 19, 2017
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