Two articles in today's WSJ by Pete Dupont and gary becker frame the underlying cultural issue confronting our nation--balancing the the Nation's dynamism and its populace's need for some basic stability. Maintaining dynamism is essential for long term growth and expansion of opportunity. But the people who live in the present value stability in their day to day life, and as the health care bill shows will sacrifice future well being for benefit now.
Welcome to Europe
By PETE DU PONT
Late Sunday night America made its largest public-policy course change since the 1930s: Congress moved 17% of our national economy from the market place to full regulation and control by the federal government. The vote in the House was close, 219-212, but our country's health care system will now be organized, operated and regulated by the federal government.Read it in the WSJ (subscription required)
'Basically an Optimist'—Still
The Nobel economist says the health-care bill will cause serious damage, but that the American people can be trusted to vote for limited government in November.
Read at WSJ (subscirption required)
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