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
James Taranto
Labels: James Taranto quote; Obamacare Redistribution