Hit & Run

Ronald Bailey on Obama's ClimateCare Program

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Central Planning
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As Barack Obama's signature health insurance program implodes, some observers are speculating that regulatory action on climate change could afford the beleaguered president a second chance at establishing an enduring policy legacy. Unfortunately, Obama's climate policies, like his health care policies, highlight his fondness for centralized economic planning. Reason Science Correspondent Ronald Bailey argues that the Obamacare fiasco should be a warning to the president and other policymakers that a comparable ClimateCare program of top-down centralized planning will miscarry just as spectacularly.