In Lerner and Loewe’s 1960 musical, Richard Burton as King Arthur explains the rules of an idyllic land known as Camelot. The climate, His Royal Highness tells the audience, is commanded by his authority. “It’s true. It’s true. The Crown has made it clear. The climate must be perfect all the year. The rain may never fall till after sundown, by eight, the morning fog must disappear. ”
Washington still sings this song every day. Congress wishes for cheaper health care and so, commands it. When our political overlords desire faster economic growth, they order it to appear, and staple thousands of pages of instructions to their mandates. Convinced there is only upside, Washington cranks out an unrelenting stream of magical, cost-free legislation. Their endless good intentions, they believe, can produce only unendingly good results, always reflected in the legislation’s title: the Affordable Care Act, the Inflation Reduction Act, the American Job Creation Act. If only it were so.
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