1. Should Tort reform be an issue in the Presidential Campaign? Why or why not?It should be, but it is a hard one to understand. One of the problems of lawsuits is that lawyers now regularly advertise on TV "Have you been injured..." "Even if you don't think your doctor did anything wrong, you may still be entitled to compensation..."
Lawsuits costs consumers billions of dollars each year. It costs companies nothing. It is similar to the "raise taxes on evil corporations" line of thinking...the results are not in line with the intentions. Corporations don't pay fines, their consumers do. Corporations don't pay taxes, the people that buy their products do.
Edwards And The Problem With The Trial-Lawyer LobbyQUOTE
Contrary to the media-fostered myth that trial lawyers are the scourge of the corporate plutocracy, their lawsuits have virtually no impact on overpaid corporate executives or malefactors such as those who conspired to hide the deadly dangers of tobacco and asbestos. Rather, the $230 billion-plus consumed annually by the lawsuit industry (according to the best available estimate) ultimately comes from the pockets of the same ordinary Americans whom the trial-lawyer lobby purports to champion -- to the tune of more than $3,000 in higher prices and insurance premiums per family of four -- as well as from small businesses, doctors, city governments, school systems, clergy members, Little League coaches, and many others.
This is not to deny that honest trial lawyers perform two essential functions: compensating injured victims of unsafe conduct, and deterring such conduct by visiting the costs of injuries on the economic interests that cause them. The problem is the overly broad liability rules created by state and federal judges and legislators at the behest of the trial-lawyer lobby. These rules long ago veered from giving victims a fair shake to rewarding abusive and unwarranted lawsuits. And the trial-lawyer lobby reflexively trashes every serious legislative move to combat the abuses.
A leading example is the inexcusable effort by Edwards and most other Senate Democrats to derail the class-action legislation now before the Senate. It would make much-needed changes in a system that often operates as an "extortion racket ... in which truly crazy rules permit trial lawyers to cash in at the expense of businesses," in the words of a Washington Post editorial. And the proposed remedy -- moving cases with nationwide impact to federal courts, in order to stop forum-shopping lawyers from exploiting connections to friendly state judges who help them pocket millions while their clients get coupons -- is eminently fair to consumers.
QUOTE
But even apart from asbestos, tort litigation as we know it is appallingly inefficient: Only 22 percent of the more than $230 billion in estimated annual tort system costs goes to compensate alleged victims' economic losses, according to Tillinghast-Towers Perrin, an actuarial firm; almost as much (19 percent) goes to the plaintiffs' lawyers; another 14 percent goes to legal defense costs; 24 percent goes to payments for non-economic losses, mainly pain and suffering; and 21 percent goes to tort insurance overhead costs. Then there are the indirect costs, including an estimated $50 billion to $100 billion in unnecessary "defensive medicine" tests, and many thousands of lost jobs at more than 60 companies that have been bankrupted by asbestos lawsuits.
2. Does the fact that John Edwards is a trial lawyer who has made millions by filing lawsuits help or hurt him?I don't think it will have an impact, unless the Bush campaign really hammers it home (which would be a personal attack, of course).
Would a Kerry-Edwards administration be likely to do anything about tort reform? The trial lawyer lobby is now the largest contributor to the Democrat party.
Trial Lawyers, Inc. floods the political process with cash QUOTE(From the first link)
What are the chances that a Kerry-Edwards administration would slow down the trial-lawyer lobby's gravy train? Or that it would reform a medical-malpractice system in which (according to the best estimates) 80 percent of claimants are not victims of malpractice and over 90 percent of actual victims receive no compensation -- a system that has added as much as $2,000 to the cost of delivering a baby in Florida and has forced some good doctors out of lawsuit-plagued specialties such as obstetrics and surgery? Or that it would curb the kinds of lawsuits that punish people and companies that have done nothing wrong; that force New York City's taxpayers to shell out over $500 million a year in tort awards and settlements (including $6.3 million to a pedestrian hit by a drunk driver who disregarded signs and mounted a curb that the jury later found to be too low); that deter development of better contraceptives and other liability-prone products; and that suffuse our society with a fear of litigation, evidenced by the removal of monkey bars and jungle gyms from public playgrounds and the reluctance of schools to discipline unruly students or fire incompetent teachers?
On the campaign trail, Edwards has reveled in the populist rhetoric that helped charm juries and make him rich, with his "two Americas" theme and his boast: "What I have been doing my entire life [is] fighting against big corporations, pharmaceutical companies, big insurance companies, big HMOs." (He rarely mentions all the doctors he sued.)
Try saying it this way: "What I have been doing my entire life is fighting against companies that create millions of jobs for Americans and help make this the world's wealthiest country, that develop miracle cures for once-debilitating diseases, that enable us to buy cars and houses without fear of financial ruin, and that seek to put a lid on the soaring health care costs that threaten to bankrupt our nation."
The worst part about these types of lawsuits is that they make doctors flee less lucrative (mostly Southern) states in which the doctor cannot charge enough to pay for malpractice insurance.
Hospitals Brace For Surgeons' WalkoutAs for the election, it won't make a difference. The issue is arcane to most Americans and so will not affect the election at all.