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Pausing at the Fork in the Road

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Posted in Issues Tagged with: , , , ,

Congressional leaders have postponed their work on health-care reform until after their August vacation. That’s a good thing. They should take a deep breath before setting in motion a system to gradually rebalance the incentives in a fifth of the American economy. If you believe, say, Wall Street Journal columnist Peggy Noonan, Obama’s drive has been blunted, even defeated. But no one who remembers the seeming impasses over the Social Security Reform of 1983 or the Tax Reform Act of 1986 will be persuaded. With the really big problems, and strong presidential leadership, Congressional deals have a way of popping