For my pessimistic view of the future of the health care act, see the last post.
Today I am cheerful because, despite its flaws, the Supreme Court upheld the law. Indeed the majority of the Court saw the situation exactly as I saw it—namely that Congress can, too compel the public (“the tax and spend power”) even if it cannot force people to buy any specific thing. Here is a rare case where the Court’s decision was based on functional facts rather than narrow legalisms. I say Bravo! Needless to say, I had crow for lunch, having been so negative before. That stance, however, is also justified. But sometimes one is surprised.
The world economy needs to simplify
2 weeks ago
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