Friday, August 14, 2009
Read John Mackey's Aug. 12 op-ed in the Wall Street Journal . . . From Chicago Tribune "Change of Subject" blogger Eric Zorn
Read more, and gobs of comments, at the Statesman Business Blog
By Brian Gaar | Thursday, August 13, 2009, 12:04 PM
One day after Whole Foods Market Inc. CEO John Mackey wrote an op-ed column knocking President Obama’s proposed health care bill, an online backlash is brewing.
Wednesday’s Wall Street Journal includes an op-ed piece by Mackey calling for less regulation of the insurance industry. He also said programs like Social Security and Medicare are leading to unsustainable government deficits.
“While we clearly need health-care reform, the last thing our country needs is a massive new health-care entitlement that will create hundreds of billions of dollars of new unfunded deficits and move us much closer to a government takeover of our health-care system,” Mackey wrote.
He also decried what he called “socialized medicine” in countries such as Canada and the U.K., saying they lead to rationing of care. Health care is best provided, Mackey wrote, through market exchanges.
That prompted online calls for a boycott of Whole Foods.
Posted by RoundUp Editor at 2:29 PM