Munger (9:40:26 PM): Now we're back on tax cuts. I think americans want some health care relief -- we've had plenty of tax relief

Munger (9:45:39 PM): Okay, next is health care
Mims(9:46:03 PM): this is the one area in which I feel like bush might actually be asserting his own opinions
Mims(9:46:24 PM): oh my god
Swaminathan
(9:46:25 PM): these same ideas appear in all his state of the unions, but the system just gets worse and worse.
Munger
(9:46:27 PM): HSAs, portable health coverage, and technology! Yeah, that will do the trick.
Mims(9:46:35 PM): his solution for rising healthcare costs is "electronic records"
Mims(9:46:38 PM): can I get an expert on that? who is saying that will cut costs? was this an insurance company ad he saw just before going to bed?
Swaminathan
(9:47:09 PM): we'll cut the paper trail! then we won't know who to blame for malpractice and there won't be any frivolous lawsuits.
Munger
(9:47:23 PM): "I ask the Congress to pass medical liability reform this year."
Mims(9:47:25 PM): except people working for big businesses are being laid off b/c their health coverage costs their employer too much. cf. Ford
Munger
(9:47:34 PM): My understanding is that's about 2 percent of health care costs