Meanwhile, the president is taking every opportunity to argue that real recovery won’t be possible unless we spend hundreds of billions of dollars to enact his so-far-unspecified health care reform plan. “I’ve said repeatedly that getting health care costs under control is essential to reducing budget deficits, restoring fiscal discipline, and putting our economy on a path towards sustainable growth and shared prosperity,” Obama said at the White House on Monday.
Jeff at Protein Wisdom:
Unlike York, I don’t have sources inside the beltway, but nevertheless I’m going to disagree with him and say that it is unlikely Obama is betting an economic recovery on the passage of universal health care. Instead, I’m guessing that Obama — always one to take advantage of historic symbolism — simply wants to be the one who brings about the total overhaul of the US economic system, to be the man responsible for pushing (or forcing, depending on your point of view) anti-capitalist progressive policy into the political mainstream, where it will become difficult to roll back.
The president's logic--if logic is involved--confounds me. it's like building a house with the roof constructed first, then the actual structure under that, and last, the foundation. Very innovative--but it doesn't make sense.