The Left as per Paul Krugman:
Serious students of health care have known for a long time that the magic of the marketplace doesn’t work in health care; the United States has the most privatized health-care system in the advanced world, and also the least efficient. The pale reflection of this reality in the current discussion is that reform with a strong public option is cheaper than reform without — which means that as we get closer to really doing something, rhetoric about socialism fades out, and that $100 billion or so in projected savings starts to look awfully attractive.
The Center as per Megan McArdle:
It’s easy to get cynical about the process of the health care bills. At this point, I’d say that conservative and liberal health care analysts both know the score. Everyone knows that this bill won’t work as advertised: it will not cover as many people as promised, and it will run into budget shortfalls, if for no other reason than because Congress is not going to enact the cuts as written–they will get lobbied into repealing many of them. Doug Elmendorf [CBO] has done everything but hire a skywriter to make it clear that he doesn’t think that any of the various bills will actually be deficit neutral–while doing his job, which is to score what’s written, not his best guess at what will happen.
Liberals don’t care, because they think it’s worth it to cover more people. Conservatives care, but their kabuki complaints about what everyone in the wonkosphere knows go mostly unheeded. I find it hard to get too outraged about any of it; I’m against the bill, but I think that this part of the process is playing out about as well as you can expect.
The Right as per the WSJ Editorial:
In a rational political world, this 1,990-page runaway train [Pelosi bill] would have been derailed months ago. With spending and debt already at record peacetime levels, the bill creates a new and probably unrepealable middle-class entitlement that is designed to expand over time. Taxes will need to rise precipitously, even as ObamaCare so dramatically expands government control of health care that eventually all medicine will be rationed via politics.
Yet at this point, Democrats have dumped any pretense of genuine bipartisan “reform” and moved into the realm of pure power politics as they race against the unpopularity of their own agenda. The goal is to ram through whatever income-redistribution scheme they can claim to be “universal coverage.” The result will be destructive on every level—for the health-care system, for the country’s fiscal condition, and ultimately for American freedom and prosperity.