New at Reason: Jacob Sullum on Obama's Fake Fight With Insurers

March 10, 2010

"We allow the insurance industry to run wild in this country," President Obama declared on Monday. "We can't have a system that works better for the insurance companies than it does for the American people." Despite this rhetoric, Senior Editor Jacob Sullum argues, Obama’s plan to tame health insurers would boost their business, protect them from competition, and guarantee their profits, all at the expense of consumers and taxpayers. It is therefore not surprising, Sullum says, that the insurance companies are happy to be domesticated.

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