Cap and Trade = Iraq War?

Katherine Mangu-Ward | June 25, 2009

From Michael Goldfarb, a friend from my days at The Weekly Standard:

Basically, cap and trade strikes me as the Iraq war of the Democratic domestic policy agenda. It's the overreach moment. It's a massive program that, unlike health care reform, no one is demanding, no one understands, and no one can explain. Cap and trade may be the only thing that can save the Republican party from eight years in the wilderness.

A slightly off-kilter source for this insight, but it might actually be right if people start to see price increases on electricity, gas, etc. fairly quickly.