MEDICARE BILL RELOOK
Robert Prather extensively excerpts a WSJ look at the bill and thinks it’s not as bad as conservatives originally thought because the privatization part is stronger than we’d been led to believe. I think he’s right in terms of the bill as it now exists. The problem I forsee is that it gets the government’s foot in the door for areas that weren’t previously covered and, as always happens, pressure groups will successfully lobby for incremental expansion of these new programs.