Commentary on issues related to the global economic recession and its recovery
Saturday, July 11, 2009
It is now clear that this Democrat controlled Congress has no backbone to make tough tradeoffs and hard choices needed to solve the healthcare crisis. This would require tackling, among other things, tort reform and rationing. Instead, our leaders are cooking up schemes to soak the rich (aka individuals earning $280k and families earning $350k). They need to raise $1 trillion to fund healthcare entitlements and other vote-buying schemes to stay in power. Why am I not surprised? See this well written article in the New York Times.