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Massachusetts Insurers Post Big Losses
The Atlantic ^ | May 17, 2010 | Megan McArdle

Posted on 05/18/2010 6:24:11 AM PDT by C19fan

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To: C19fan
Massachusetts Insurers Post Big Losses

"But after a few years, insurance costs were still marching briskly upward, rates were among the highest in the country, and the system was putting heavy pressure on a budget that was already strained to the limit by the recession."


21 posted on 05/18/2010 8:18:04 AM PDT by Lancey Howard
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To: C19fan

Why does this remind me of back to the future already?


22 posted on 05/18/2010 8:19:27 AM PDT by fightinJAG (Get a paper route, Billy - Len Britton, running v. Leaky Leahy http://tinyurl.com/3a5ac8o)
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To: Buckeye McFrog

With the Party of Hell No as backup.


23 posted on 05/18/2010 8:20:02 AM PDT by fightinJAG (Get a paper route, Billy - Len Britton, running v. Leaky Leahy http://tinyurl.com/3a5ac8o)
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To: RexBeach
Why do Bay State voters keep returning so many boobs to the legislature? Idiots. They deserve what they get.

Probably because boobs are the only ones that can get on the ballots.

24 posted on 05/18/2010 8:25:47 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Leisler
Exclusive prep schools, Stanford, Harvard law and MBA.

So, stupid is ruled out.
Whoa! You obviously haven't worked in academia.
25 posted on 05/18/2010 8:43:35 AM PDT by Peet (<- A.K.A. the Foundling)
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To: ClearCase_guy

Actually with parts manufacturing being automated and quality control in supplied materials, good, fast, cheap is the norm, or else you are out of business.

The design, feedback loop, human factors are what sets you apart. Basically you can have your choice between all three and no service, or with service.

The trend line that gives us now super computers of yesteryear at Wal-Mart prices today is always better, cheaper, faster.

Nobel economist James M.( as in Money ) Buchanan won a Nobel in what is called ‘Public Choice Theory’. It is the study of bureaucracy, as in government. In that environment the incentives are to go slower, raise costs, reduce quality.

This is something we all know gut wise, but it’s nice to know that some real thought work has been done on ti.


26 posted on 05/18/2010 3:37:30 PM PDT by Leisler
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To: Peet

Formally Mitt, like many, has had a good education. But it has been isolating, and a bit of a grind type success in staid, formal, climb the ladder type environments. This makes him, absent anything else, at best mediocre to be President. We could do worse, but he actually suffers from what I call dis-education.


27 posted on 05/18/2010 3:40:35 PM PDT by Leisler
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