Tyler Cowan, saying we have created a financial-regulatory complex about as dangerous as the military-industrial one, dislikes the Big Pharma “deal” part of Obamacare. Precisely because it makes drugmakers now, like Goldman Sachs, “too big to fail.”
Meanwhile, because President Barack Obama won’t get specific about just what “public option” means to him, it continues to slowly fade away, as we could get healthcare “reform” that has the good as the enemy of the best.
On that line, Frank Rich discusses “<Obama’s squandered summer,” while GOP Sen. Olympia Snowe supports some reform plan, but only if it is option-free.
That said, it’s going to come together.
Obamacare will get past the Senate.
Bob Dole admits “Clintoncare” probably should have been passed when he was Senate Minority Leader; he’s trying to make up for that now, and that will help a public option-free plan, at least.
Rahm Emanuel will lean on House progressives to cave on the public option. Some will, and a handful of House GOPers in suburban Midwestern districts will vote yes while looking over their 2010 shoulders.
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