From Tyler Cowen:
Plan supporters are quite willing to admit “it’s not nearly as good as what we wanted,” but they’re in denial about how truly bad the proposed reforms are in absolute terms or as a matter of economic logic and by that term I mean the economic logic of good Democratic economics, not extreme libertarianism.
In the meantime, repeat this sentence after me: if we don’t solve the costs problem, in egalitarian terms things will only get worse, no matter how many people we cover.
The Republicans on this issue are (mostly) very bad and hypocritical but that doesn’t give the Democrats license to proceed without a solution.
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