Health Insurance Ad A Powerful Campaign Tool For Obama

Among the dozens of campaign ads aired during the presidential campaign, Barack Obama's spot about the risks of John McCain's health insurance plan has been singularly effective.

Here is a link to the ad.

Its direct quote from McCain's website about how his plan works - - by sending insurance companies your $5,000 McCain health care tax credit check - - is devastating.

As is labeling the plan's outcome "the McCain health insurance tax" because you would, for the first tie, have to pay income taxes on your employer-provided health care benefits to fund the plan.

I think that's a fair turn of a phrase, especially because McCain has been leaving the taxation element out of his plan's descriptions.

And here is a link to an explanation about the issue by economist Paul Krugman.

As Krugman points out, McCain has said he would deregulate the health care markets the way the banking industry had been unchained.

Yipes.

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