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Under the public option, all of us now barely struggling to make ends meet but fortunate enough to have health care would have to choose between (1) reducing our net income to keep our coverage or (2) dropping our coverage to maintain our standard of living (and absorbing the risk of catastrophic sickness expenses).
Not many folks I know can afford to take a hit in income equal to a major percentage of their health insurance bill - certainly nobody I work with, and we have a good plan.
If I had any faith that the Obama government would do the right thing, I would drop my health care and pick up the public option. Thing is, they'll probably screw this up like they did the banker's bailout.
I mean, I voted for the guy, but if they had really wanted to 'stimulate' the economy at the grass roots, they would have given us the bailout instead of the bankers, so we could pay off our debts and medical bills - everyone wins.
Instead JP Morgan Chase makes out like a bandit and we the people get General Motors, but without the free ride.
Trickle down fails again...
