Friday, December 06, 2013

 

Thought of the Day

ObamaCare is in large part a scheme for redistributing wealth from the young to the middle-aged. It's a crazy and impracticable idea even if you don't object to redistribution on moral grounds. Middle-aged Americans have much more wealth to begin with than young ones do. To a substantial extent, ObamaCare's price controls are a tax on the poor to subsidize the rich.

James Taranto

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