Lather, Rinse, and Repeat. Obama's "Plan"

 Not sure how I missed this fine article yesterday.  The Wall Street Journal has a decent vetting of Obama's health care plan.  One of the most important features of his "plan" is price controls.  This sort of micro-managing of private industry never works - at least for the industry being micro-managed.  But it will do exactly what Obama intends it to do, which is put private insurance companies out of business and force the American people into government-run insurance. 

"The President's Proposal," as the 11-page White House document is headlined, is in one sense a notable achievement: It manages to take the worst of both the House and Senate bills and combine them into something more destructive. It includes more taxes, more subsidies and even less cost control than the Senate bill. And it purports to fix the special-interest favors in the Senate bill not by eliminating them—but by expanding them to everyone. read the rest at Wall Street Journal

 H/T Memeorandum

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