Marketplace Scratch Pad

The health care debate, Taibbi-style

Scott Jagow Aug 20, 2009

The guy who ripped apart Goldman Sachs in Rolling Stone has a new target. The magazine’s latest issue has Matt Taibbi eviscerating the health care system and the US government. And today, on CNBC, he and Maria Bartiromo really got into it.

Here’s Rolling Stone’s summary of Taibbi’s article:

America’s disastrous health care system is responsible for incalculable amounts of illness, death, lost productivity and federal deficit — not to mention anxiety, anger and disgrace. And it’s not going to get fixed, writes Matt Taibbi in the new issue of Rolling Stone, because it’s encased in another failed system: the U.S. government. Rather than attempt to remedy the problem this summer, our government sat down and demonstrated its dizzying ineptitude. “We might look back on this summer someday and think of it as the moment when our government lost us for good,” writes Taibbi. “It was that bad.”

And his tussle with Maria on CNBC:

Visit msnbc.com for Breaking News, World News, and News about the Economy

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.