That’s Sheldon Richman’s key point in this sharp piece on Obama’s claim that his “public option” won’t have any effect on people who are content with their current health insurance arrangements.

Americans have been hearing this line that only good things will happen if we pass a certain law for a long, long time. The income tax. Social Security. Medicare and Medicaid. Fuel economy standards. Politicians push these interventions with the assurance that they’re all upside. Nobody will be worse off. But that’s impossible. Reality isn’t like that.

Is our Beloved Leader a fool or a knave?