Jennifer Rubin notes that "this is not an administration that takes in bad news". Which, along with the excessive spending, seems to be something it picked up from the last administration and turned up to 11.
Saturday, December 12, 2009 :::
Speaking of bad systems intensified, they're still working on the health care bill. Libertarian Matt Welch notes, though, that in many ways, the French system is more pleasant for the consumer than ours. Some of his points remind me of what Greenspan said when California was facing electricity shortages: a capitalist system would have produced enough electricity, and a socialist system would have produced enough electricity somewhat less efficiently, but the hybrid system in place (which, IIRC, fixed the retail price of electricity below what the market wholesale price ended up being) gummed itself up.
Labels: Health Care, Obama
::: posted by Steven at 11:06 PM