A layer cake of stupidity, starting with the fact that this guy’s actually doubling down on one of the dumbest gaffes committed by The One since he took office. Parse his logic: If we didn’t have the postal service as an alternative to private carriers like Fed Ex, UPS, and DHL, what, oh what, would stop them from charging $100 per letter? Any theories, possibly involving basic economic dynamics and/or longstanding federal statutes? For fun, try putting the question to a fifth-grader and see if he comes up with an answer more incisive than Triple J.
To think, some people are worried that Obamanomics is based on a very, very deep misunderstanding of economics.
The proliferation of Obama’s gaffes and non sequiturs on health care has exceeded the allowable limit. He has failed repeatedly to explain how the government will provide more (health care) for less (money). He has failed to explain why increased demand for medical services without a concomitant increase in supply won’t lead to rationing by government bureaucrats as opposed to the market. And he has failed to explain why a Medicare-like model is desirable when Medicare itself is going broke.
The public is left with one of two unsettling conclusions: Either the president doesn’t understand the health-insurance reform plans working their way through Congress, or he understands both the plans and the implications and is being untruthful about the impact.
Neither option is good; ignorance is clearly preferable to the alternative.
Preferable, yes, but less likely. Exit question one: Who wants to break the news to Jackson that the money-hemorrhaging postal service has a legal monopoly on first-class mail, which, possibly, means we pay more to send a letter than we would if Fed Ex et al. were allowed to compete? Exit question two: If Jackson’s so worried about monopoly power over health care, why on earth would he support a public option whose creator openly admits that it’s bound to lead to single-payer? Again, is this ignorance or just dishonest spin?