Thursday, December 25, 2014

The numbers don't work out

Megan McArdle looks at Vermont's decision to stop its path a single-payer medical system.
Because people involved in the system have livelihoods that depend on it.
Cutting spending means that a number of people are going to lose income and employment. They will have trouble paying their mortgages, car loans and little Johnny's bill for travel soccer. Then they are going to get organized and march on Washington and vote against the politicians who cut their jobs.

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