Thursday, September 3, 2009

IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor's Business Daily -- Wrong Way Still

IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor's Business Daily -- Wrong Way Still: "Health Care: A beleaguered White House apparently has abandoned its government-run option. Even so, ObamaCare will still be a thousand-page, trillion-dollar step toward socialized medicine."

President Bill Clinton and his erstwhile adviser Dick Morris liked to "triangulate." Top Obama political aide David Axelrod told Politico that the president's post-August recess strategy on health care will be to "synthesize and harmonize."

The administration intends to drop the controversial "public option" to rival private employer plans. Independent health care experts have warned that the artificially low premiums and other enticements a government plan would offer could lead to tens of millions of customers lost for private insurers — and thus the collapse of the health insurance industry.

The president's liberal base won't like the concession. But the key point in the Politico report is that "some administration officials welcome a showdown with liberal lawmakers if they argue they would rather have no health care law than an incremental one."

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