Monday, December 07, 2009

America says "no thank you" to Obamacare - Jay Cost has a great analysis over at Real Clear Politics about the health care bill winding through Congress: "Why does the public oppose Obamacare?" In a nutshell, he details how we don't really understand the 2000+ page legislation but we're all pretty tuned into the idea that it's going to cost a pile of money, much more than can ever be raised by chimerical Medicare cuts and tax hikes. Check it out.

Extra - Megan explains risk aversion as opposed to loss aversion.

1 comment:

Anonymous said...

It's not that simple. Nate Silver at looks at a more detailed health care poll from Ipsos/McClatchy, and explains how around a fourth of the opposition numbers actually reflect people who are only against the bill because it's too timid and watered down:

But the conventional wisdom -- and certainly my assumption -- has been that people oppose the plan because it's too liberal. In fact, some of the opposition seems to stem from the fact that the plan is not liberal enough. This would help to explain, for example, why polls show majorities (sometimes fairly sizable ones) in favor of the public option, but also pluralities or majorities opposed to the overall plan.