Saturday, August 15

Dead heat

Rasmussen: "54% Say Passing No Healthcare Reform Better Than Passing Congressional Plan."

For those of us in the real world, this likely means a 50-50 split.

I assume a significant number of those opposed are doing so for incoherent reasons, e.g. buying into the FUD spread by Republicans.

Thankfully this is a Republic, not a direct Democracy, so there is a reasonable chance public opposition will moderate the bill in positive ways, such as axing the public plan that most people actually support (because they don't understand the implications--it's being sold as merely an additional "option")

There is also a good chance public opposition will cause the eventual bill to become an even worse crap sandwich--with more giveaways to special interests ala Waxman-Markey.

And I see a small outside chance the opposition will lead to scrapping the current bill and starting from scratch with a superior approach like Wyden-Bennett.

Ah, sweet legislative uncertainty. This calls for a market-based solution! Here's the intrade prediction for "A federal government run health insurance plan to be approved before midnight ET 31 Dec 2009"


Presently 35.5% odds with real money on the line. How would you bet?

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