Posts Tagged ‘trust’

Trust in government

July 27, 2009

Greg Mankiw, in noting Paul Krugman’s apparent trust in big government solutions, asks why Krugman would be willing to risk Republican control over health care during the periods when the GOP is ascendent in D.C.

Krugman is probably aware of the dynamic explored by Hans A. von Spakovsky in his PJM posts, that while elected Republicans may occasionally occupy positions of elected power, the government directed health plan will be run by the enduring bureaucratic establishment that certainly trusts big government solutions.

If the health care financing policies of the statists in D.C. are ever enacted, it would take economic problems of catastrophic levels to give a GOP administration the leverage to undo it. I suspect that’s what Krugman understands and why he’s willing to trust the government to run health care, even if it is occasionally run by the GOP.