Saturday, June 30, 2012

Tallying O'Blunders

The Price of Health Care -

...This was not a mistake the icons of the liberal past made. Franklin Delano Roosevelt spent two years defining himself as a Depression-fighter before he set out to establish Social Security; Lyndon Johnson pushed through the Great Society amid an economic boom.

Had Obama followed Roosevelt’s first-term example, the initial stimulus bill might have been broken up into smaller (and perhaps more popular) components, financial reform and perhaps tax reform would have preceded health care reform, and the kinds of jobs bills the White House demanded of a recalcitrant Republican Congress in 2011 might have been sought from a Democratic Congress in 2009 and 2010 instead. Even if this policy approach didn’t dramatically accelerate the recovery, it would have given independent voters more confidence that the president had their economic interests rather than his history-making ambitions uppermost in mind...

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