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well, that’s not what the article says that I posted: “Kennedy said later that walking away from that deal was one of the biggest mistakes of his life.” “Over
by melling 9y ago
well, that’s not what the article says that I posted:
“Kennedy said later that walking away from that deal was one of the biggest mistakes of his life.”
“Over time, Kennedy realized his own plan couldn’t succeed. Opposition from the insurance companies was too great. So Kennedy dispatched his staffers to meet secretly with Nixon’s people to broker a compromise. Kennedy came close to backing Nixon’s plan, but turned away at the last minute, under pressure from the unions. Then Watergate hit and took Nixon down.”
- icebraining 9y agoI read that, and I don't think it contradicts my view. Kennedy introduces a real reform bill; Nixon introduces a weak, "compromise" bill so the opponents of real reform (like the insurance companies) can use to oppose it while avoiding the wrath of the people who understand the status quo is terrible, by looking like they also want changes. Kennedy, defeated, judges whether accepting Nixon's bill - despite its intent - is still worth it, or whether the unions are right that it imposes too great of a cost on employees (25% of premiums). He makes a decision, then later he regrets it.