Magazine August 10, 2009, Issue

Romney’s Folly

Signing Romneycare, April 12, 2006 (Getty)
Health-care mandates are a middle-class tax

Amid negotiations with leading Democrats over health-care reform, Iowa senator Chuck Grassley, ranking Republican on the Senate Finance Committee, commented, “The federal government is in the process of nationalizing banks, nationalizing General Motors — I’m going to make sure we don’t nationalize health insurance, and the ‘public option’ is the first step to doing that.”

Grassley is correct, and conservatives are right to oppose Pres. Barack Obama’s proposal to create a “Fannie Med.” But when it comes to nationalizing health insurance, there is more than one way to skin the consumer. Indeed, there is talk on Capitol Hill that Grassley and …

Michael F. Cannon — Mr. Cannon is director of health-policy studies at the Cato Institute and co-author of Healthy Competition: What’s Holding Back Health Care and How to Free It.

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Of course Obama hasn’t read the health-care bill — he’s probably still working his way through the stimulus.

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