Martin Feldstein writes on PelosiCare’s requirement that insurers immediately cover individuals without regard to their medical condition: “In short, for those who are now privately insured through employers or by direct purchase, there would be substantial incentives to become uninsured until they become sick. The resulting rise in the cost to insurance companies as the insured population becomes sicker would raise the average premium, strengthening that incentive.” In other words: private insurers are crippled, fewer people feel compelled to insure themselves, and the subsidized public option becomes the only viable insurer.
The AMA feels the heat: “The American Medical Association’s much-touted endorsement of the House health care reform bill has triggered a revolt among some members who want the endorsement withdrawn.”
Freshmen congressmen get in line for a lifeboat seeking escape from the S.S. PelosiCare.
Pelosi struggled to get 218 on board. It seems that 10.2 percent unemployment figure was “making that job harder.” Because it really is outrageous to vote for a mammoth tax bill with unemployment at a 26-year high, right?
We spotted him: the most endangered New Jersey Democrat bails on PelosiCare. ( h/t Jim Geraghty)
James Taranto: “It is far from an original observation that with unemployment at 10% and the voters just having rebuked their party, it requires amazing hubris and insensitivity for the president and the Democratic leadership to push ahead with this. But the situation is not necessarily hopeless. There may be enough Democrats with enough sense to put a stop to this.”
Cesar Conda puts it simply: “According to the Bureau of Labor Statistics figures released today, the U.S. economy has lost 2.8 million jobs since President Obama signed the ‘stimulus’ package into law on February 17. So where are all the jobs that the Administration claims were ‘saved’ or ‘created’?”
And voters really don’t want PelosiCare. More than 50 percent oppose, less than 44 perfect favor it, according to Pollster.com’s survey average.
Obama calls the unemployment rate “sobering.” But not sobering enough to dissuade him from the health-care takeover, the cap-and-trade energy tax, and the Bush tax-cut repeal.
James Jones and Dennis Ross apparently disagree on Middle East policy. Perhaps the one in favor of the failed engagement gambit and the counterproductive settlement freeze should resign.
The mainstream media remain baffled about the motives for the Fort Hood slaughter. It is moments like these in which average people realize Washington and media sophisticates are completely out to lunch.
Chris Matthews plays dumb as well. He is playing, right?
Eric Cantor exercises some adult leadership and decries Tea Party Holocaust imagery and Obama-Hitler comparisons. And no, it’s not a sufficient response to say the Left was just as bad.