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blue bits. red rocks.
Thursday 10 December 2009

So the old system of inefficient bureaucracies and artificially high prices has basically been completely protected. What we’re left figuring out is exactly how to pay for a hugely expensive new program without taking significant money out of the pockets of these industries. The other challenge for the Obama administration is how to unite Congress enough to pass this gigantic new venture that really doesn’t achieve much, and the strategy there is turning out to be just what you’d expect: rather than pushing a single cohesive plan that makes sense in the long term, party leaders are putting forward a confused mish-mash of non-plans and trying to buy off the various segments of the Congress with pork and other forms of bribery as a means of solving the extremely short-term problem of how to pass this bill in time for the 2010 elections. Matt Taibbi

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