Jan22nd2010

Quote Of The Day

“It’s really hard to get rid of bad legislation. Most people (almost everybody?) think ethanol subsidies are a loser except for the people who get rich from them directly, Archer Daniels Midland and maybe some others. But do we fix it? We don’t. That’s the way the system works. There’s a lot of inertia. It’s hard to get health care changed. And once it’s changed it’s hard to change it back. So advocating something horribly flawed as Collins and others have done on the grounds that we can fix it later is absurd. It won’t get fixed.” — Russ Roberts, on why its a bad idea to pass the healthcare bill now and ‘fix it later’

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