The Congressman’s Quandary
Today on Uncommon Knowledge, political scientist David Brady and economist Daniel Kessler, both of the Hoover Institution, discuss why Clintoncare failed — and why Obamacare looks touch-and-go-now. One of the principal reasons: the “incomplete information” with which legislators must contend.
DANIEL KESSLER: How much will [health legislation] cost? Nobody really knows. The CBO has scores as to what they predict it will cost the government, but how much it will actually cost families is an open issue. What will the effects of the legislation be? How will voters react?