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?
