Raymond J. Keating, chief economist for the Small Business & Entrepreneurship Council, observed:
“On a certain level, one might respect the President’s commitment. Unfortunately, though, it is grossly misguided commitment. It is an example of political arrogance. Support for this push for government control over the health care sector is plummeting among the public. According to a Rasmussen Reports poll this week, support is at its lowest – 42% of voters in favor and 53% against. Of course, though, one should not govern through poll watching. But one should govern according to sound economics. Growing opposition to this government health care takeover is warranted, as it will only result in higher costs, and reduced and rationed care. The people increasingly understand this reality. Let’s hope the President and congressional leaders come to the same understanding.”
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