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In response to a man from Maine who called himself a "Republican...I'm not sure what I'm doing here," the president defended the idea that the private market can co-exist with a public health insurance option:
You raise a legitimate concern. People say, how can a private company compete against the government? If the private insurance companies are providing a good bargain, and if the public option has to be self-sustaining, it has to run on charging premiums...then I think private insurers should be able to compete. They do it all the time. UPS and FedEx are doing just fine. No, they are! It's the Post Office that's always having problems! .... There's nothing inevitable about this destroying the private marketplace.--Dana Goldstein