A Quote by Paul Krugman

The federal government is basically an insurance company with an army. — © Paul Krugman
The federal government is basically an insurance company with an army.
Most people don't realize that two-thirds of the federal budget is Social Security, Medicare, Medicaid, and the Pentagon. The U.S. government is an insurance company with an Army.
If you look at how the federal government spends our money, it’s an insurance conglomerate protected by a large, standing army.
Under the constitution, there was never meant to be a federal police force. Even an FBI limited only to investigations was not accepted until this century. Yet today, fueled by the federal government's misdirected war on drugs, radical environmentalism, and the aggressive behavior of the nanny state, we have witnessed the massive buildup of a virtual army of armed regulators prowling the States where they have no legal authority. The sacrifice of individual responsibility and the concept of local government by the majority of American citizens has permitted the army of bureaucrats to thrive.
The way the law is written, people who are under 250 percent of poverty, who have a marketplace plan, also are eligible to have some of their deductible and co-pay expenses paid through cost-sharing. Insurance companies basically front the money and are reimbursed by the federal government, by HHS.
Some people trust an insurance company over the government, while others trust the government over insurance companies.
Every year the Federal Government wastes billions of dollars as a result of overpayments of government agencies, misuse of government credit cards, abuse of the Federal entitlement programs, and the mismanagement of the Federal bureaucracy.
General revenue - what taxpayers are willing to give government, what they think is fair to give government - is not going to grow at the same amount that the federal government basically forces us to spend on Medicaid.
We have reached a moment in our history where we think that every problem in America has to have a federal government solution. Every problem in America does not have a federal government solution. In fact, most problems in America do not have a federal government solution and many of them are created by the federal government to begin with.
There are over 170,000 pages of regulations in Washington, D.C. I want to streamline the rules in the federal government to basically allow businesses to grow without fear of burdensome federal regulations. That's a passion to me, regulatory reform.
In no way have we contemplated the intervention of the army in tasks that belong to police at the different levels of government. What is contemplated .. is support from the army in these tasks but not in direct actions that correspond to municipal, state and federal police.
People in the individual marketplace should have more options. The plan that we - the discussion draft that we have out, actually opens up for people who are zero percent to 100 percent of the federal poverty level, not eligible for Medicaid, would open up the opportunity for them to purchase insurance with help from the federal government.
Until the 1930s, the Constitution served as a major constraint on federal economic interventionism. The government's powers were understood to be just as the framers intended: few and explicitly enumerated in our founding document and its amendments. Search the Constitution as long as you like, and you will find no specific authority conveyed for the government to spend money on global-warming research, urban mass transit, food stamps, unemployment insurance, Medicaid, or countless other items in the stimulus package and, even without it, in the regular federal budget.
It is federal, because it is the government of States united in a political union, in contradistinction to a government of individuals, that is, by what is usually called, a social compact. To express it more concisely, it is federal and not national because it is the government of a community of States, and not the government of a single State or Nation.
California will not wait for our federal government to take strong action on global warming. We won't wait for the federal government. We will move forward because we know it's the right thing to do. We will lead on this issue and we will get other western states involved. I think there's not great leadership from the federal government when it comes to protecting the environment.
Does the U.S. Constitution stand for anything in an era of government excess? Can that founding document, which is supposed to restrain the power and reach of a centralized federal government, slow down the juggernaut of czars, health insurance overhaul and anything else this administration and Congress wish to do that is not in the Constitution?
We should all have the legal right to purchase health insurance from any insurance company in any state, and we should be able use that insurance wherever we live. Health insurance should be portable.
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