Quote for the Day

“We’re always putting out these estimates: This is going to cost $1.042 trillion exactly. But you sort of want to add, you know, ‘Your mileage may vary.’ ”

    – Phil Ellis, senior analyst, Congressional Budget Office

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The WaPo article where I saw that quote earlier today is a fascinating read. It reminded me of a central argument of one of my favorite books. That argument: There’s too much to know, too many variables to account for, making our best laid plans nothing more than partially informed guesses … at best.

I know: It’s a rather depressing thought. Fortunately, the author of the book concludes on a somewhat brighter note, namely: Because life is a bunch of partially informed guesses, our best chance at success is not guessing once, but guessing constantly, adjusting as we go.

And that’s pretty much how I suspect health care reform will (and should) unfold. Whatever legislation passes before the end of the year will be a guess that’s second-guessed and modified by other guesses, ad infinitum — making Obama’s expressed desire to be the “last president” who tackles this issue perhaps the silliest statement he has made since taking office.

Author: PETE ABEL

1 Comment

  1. Without knowing it, you are making an argument for allowing the free market to work. Nothing adapts to changing conditions as fast and as efficiently as the free market.

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