If an employer was paying, say, $3,000 per year for medical insurance, and the premiums dropped 3,000 percent, then that would mean the Insurance Company would actually start paying the employer $90,000 for the privilege of providing medical insurance. Maybe that employer WOULD give everyone a raise with that kind of windfall! I’m all for that!
Imagine if GWB had made such a gaffe! How the networks, newspapers, and comedy shows would be all over it. Let’s see if they treat their own King Barrack the same way.
