[This week’s earth shattering news of Obamacare enrollment numbers outperforming all projections and leaving GOP heads exploded all over the land, reminded me of a piece I posted here on on Sept 27, 2013, just before the ACA Healthcare Exchanges opened in October. We all know how the narrative unfolded thereafter up till the happy finale this week. Pres Obama’s foes are ANGRY about something more fundamental than the number of enrollees. Their JIG IS UP]
When we board a plane what is the first thing Flight Attendants demonstrating passenger safety instructions, tell us to do in case of emergency? “…an oxygen mask will automatically appear in front of you… secure your mask on first, and then assist the other person.” That’s Rational Self Interest.
With the exception of religious cultists who abdicate control over their own being, we as INDIVIDUALS instinctively strive for SELF-PRESERVATION especially when our life is threatened. It’s an existential article of faith. And nothing crystalizes this fact more readily than when we NEED healthcare to prevent or cure illness.
Rational Self-Interest in economics is when a person “makes economic decisions that benefit them the most.” Is that not what we’ve been told real capitalism is supposed to be about? Marketplaces, competition, and consumers making choices based on what is best for them? So why do the GOP and their wealthy backers hate PBO for enacting this model of capitalism?