Glenn Reynolds: “Thus, no matter how deceptively simple and appealing command economy programs are, they are sure to trip up their operators, because the operators can’t possibly be smart enough to make them work.”
Again — the reason central economic planning doesn’t work, is because the idiots who always want to institute this crap sandwich are never going to be smart enough to implement it. But they’re also too stupid to know how stupid they are:
More like a confederacy of dunces. Waxman and his colleagues in Congress can’t possibly understand the health care market well enough to fix it. But what’s more striking is that Waxman’s outraged reaction revealed that they don’t even understand their own area of responsibility – regulation — well enough to predict the effect of changes in legislation.
In drafting the Obamacare bill they tried to time things for maximum political advantage, only to be tripped up by the complexities of the regulatory environment they had already created. It’s like a second-order Knowledge Problem.
Possibly this is simply because Waxman and his colleagues are dumb, and God knows there’s plenty of evidence that Congress isn’t a repository of rocket scientists. But it’s just as likely that adding 30 or 40 IQ points to the average congressman wouldn’t make much difference.
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I agree, they aren’t the sharpest pencils in the box, but they are cunning, like a pet snatching coyote.
I am a shitbird.
Fox News’ Brit Hume Calls Obama Administration Economically Illiterate; Mocks Their Lack of Private Sector Experience