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Jay Cost: ObamaCare Is Politically Vulnerable

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Posted on March 23 2010 12:00 pm
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by Jay Cost

Liberal commentators are comparing the passage of ObamaCare to other landmark pieces of legislation – like Social Security and Medicare. I agree that in the provision of social welfare, this bill ranks nearly as high. But when you examine how the welfare is provided – it is strikingly inferior. Franklin Roosevelt and Lyndon Johnson made use of an ingenious social insurance system – promoting the idea that we all pay in today to take out tomorrow. It was consistent with American individualism. It was simple. It was intuitive. It was bipartisan.

Obama’s new system has none of those virtues. It’s an impenetrable labyrinth of new taxes, benefits, and regulations, passed on the narrowest of possible majorities with more than 10% of the Democratic caucus joining every Republican. Even Wile E. Coyote would be embarrassed by its inefficiencies.

Read the whole thingVia Instapundit.

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