JLF regular Headliner speaker, Michael Barone, makes some points today in this article regarding President Obama’s policies shifting America to the European Model…
(Obama) He wants government to take over much of the one-seventh of the economy
that is devoted to health care, but how much and by what means are
still unclear. One result, common in Europe, is likely: rationing of
care. Obama also wants to reshape the energy sector by imposing a
cap-and-trade system to reduce carbon emissions. This will raise energy
costs, particularly on the 60 percent of Americans whose electricity is
produced by coal, and will provide opportunities for corporations to
make profits by gaming the system. But it’s not clear that it will
encourage development of the one plentiful non-carbon-emitting energy
source that France, for one, relies on — nuclear power.
