October 27, 2009 1:53PM

Samuelson: the Fannie Med Mirage

In yesterday’s Washington Post, economics columnist Bob Samuelson had a fantastic piece on the Democrats’ plan to create yet another government‐​run health insurance program for yet another population of Americans. Here’s the money quote:

The promise of the public plan is a mirage. Its political brilliance is to use free‐​market rhetoric (more “choice” and “competition”) to expand government power. But why would a plan tied to Medicare control health spending, when Medicare hasn’t?

Read the whole thing.