Americans overwhelmingly say that their main concern is jobs, and that they are satisfied with their current health care arrangements. In response, an allegedly chastened President Obama “pivoted,” and says his primary concern from now on will be job creation, which will take priority over his controversial plan to radically change the nation’s health caresystem . Yet, last week he backed a $15 billion job-creation bill, which passed the Senate, and a $1 trillion health care bill. Since the federal balance sheet is already under huge pressure, this set of priorities tells us that the Obama administration intends to concentrate available resources on transforming the economy — a long-term, permanent restructuring of the health care and energy sectors that was planned long before the failure of Lehman Brothers triggered the financial mess Obama inherited.
Saturday, February 27, 2010
fly now pay later
From Irwin Stelzer at the Weekly Standard:
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