It's incredible how supporters of the left think they can engineer the economy like it's nobody's business. It doesn't matter how many times price controls fail; they're going to do it, anyway. Take, for instance, the following:
This is the Yahoo! news feed. The first link I've circled is a link to a video of Obama's new healthcare proposal, which involves, among other things, "giving the federal government new power to block excessive rate increases by health insurance companies,” [NY Times]. The link right below it leads to a story discussing the 'hidden' consequences of recent credit card reform, which involves, among other things, a restriction of overall consumer credit and annual fees that had been up to this point done away with for many credit card customers.
They're like the zombies in video games that walk into a closed door, and because they don't know how to open it, they just keep walking into it, hoping the result to change. They see only what's on the other side of the door, but have no idea about how to get there.
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