Tuesday, May 18, 2010

What A Surprise

And we the people were heard mumbling softly in the background.
President Obama guaranteed Americans that after health reform became law they could keep their insurance plans and their doctors. It's clear that this promise cannot be kept. Insurers and physicians are already reshaping their businesses as a result of Mr. Obama's plan.
Politicians always ignore the adjustments that real people always make to the politicians' social engineering laws.  Economics tells us that the unintended consequences are often the most important consequences.  Why can't politicians understand this simple truth?

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