February 23, 2010
Quote of the Day
"The President's Proposal," as the 11-page White House document is headlined, is in one sense a notable achievement: It manages to take the worst of both the House and Senate bills and combine them into something more destructive. It includes more taxes, more subsidies and even less cost control than the Senate bill. And it purports to fix the special-interest favors in the Senate bill not by eliminating themóbut by expanding them to everyone. -- WSJ Ed PageUPDATE: Professor Mankiw is not really on board either:
Very, very strange. You would think that all those future Nobel-prize-winning economists working for the President would explain to him the history and economics of government price controls. Imposing price controls certainly wasn't President Nixon's finest hour.
Health Care Posted by John Kranz at February 23, 2010 12:25 PM