Public Option: Why Can’t It Be The American Way
Written by Jasmin Sethi and published in Forbes.
While political commentators can debate whether the administration is centrist or leftist, the important question for those concerned about policy over politics is what is the most effective and practically feasible way to solve many of the social and economic problems causing and resulting from the tremendous amount of inequality in the US. In some areas, a public option has been suggested as the solution.
The benefit of the public option is that it balances the benefits of capitalism, e.g. market efficiency and consumer choice, with the protections of government — providing a social safety net, so people do not fall through the cracks.
