How Obamacare Will Cost-Control
From Ezra Klein, remarking on the major cost-control move found at the end of Bush’s term:
People don’t bring this up very much, but one of the best ways to control costs in health care — or any private sector, really — is to have a huge recession.
High taxes, high government deficits, dollar devaluation, and a rapidly-changing regulatory and political landscape are all things that will wrest economic growth away from America.
So maybe Obama really will cost-control health care! We’ll all be too poor to buy any more of it.