A VIKINGS STIMULUS?
Stadium would do little for long-term stability
Only a wealthy, self-interested sports franchise owner would mistake the need for recession-ending investment in infrastructure development for an opportunity to build a new stadium for the Vikings (front page, Jan. 2).
Yes, the new stadium would create jobs, but most would be short-term construction jobs. Once built, it would not increase the long-term employment potential much, if at all, but more important, it would be an inappropriate use of public money, given the current economy.
For $635 million, we could rebuild Minnesota's public school system, invest in creating a more sustainable economy, attract new business to relocate here and undertake a thousand other projects that would support Minnesota's long-range economic stability rather than a short-term expense that relies almost exclusively on disposable income for its existence.
LEW MORAN, MINNEAPOLIS
HEALTH CARE
Single-payer system offers huge savings
A Dec. 31 letter writer dismisses widespread sentiment for single-payer health care by saying that replacing the middlemen health insurance companies in Minnesota (and there are several hundred of them marketing thousands of bewildering policies) with a single government-funded payer would not save enough in administrative costs to insure the uninsured.
He cites the example of Blue Cross Blue Shield's mere profits in 2007 of "just" $25 million and administrative costs of "just" 8.7 percent of premium revenues. What he omits is that Blue Cross Blue Shield's enormous profits over several years allow it to sit on reserves of over $1 billion; the 8.7 percent administrative costs (of $8.5 billion in revenues) amounts to $737 million! That computes. So does our cost analysis for implementing the Minnesota version of single-payer, called the Minnesota Health Plan, using 2005 as a baseline, demonstrating that Minnesota could save $6 billion statewide in administrative costs, and just over half of that would be needed to insure the uninsured and underinsured, and eliminate most out-of-pocket costs. No other proposal in Minnesota comes close to that. Most important is the fact that all health insurance companies profit by denying coverage and care.
JOEL ALBERS, MINNEAPOLIS
MPR AND LRT
Adding natural sounds to Bill Kling's creation
Not one to underestimate the importance of his creation, Minnesota Public Radio President Bill Kling has already asked us for a significant piece of our income while we live, a major part of our estate when we die, our car whether we're ready to get rid of it or not, and we can expect that one day he'll want our first-born children. All this for "noncommercial" radio, meaning that commercials are limited to 25 or 30 seconds each.