The weird thing is that when healthcare gets expensive, in old age, we have a single payer system called Medicare. But, for some reason, there is a big push against it for healthier younger people. Makes no sense.
It the real world, he's right that it should not be seen as the end of the effort. And while I would strongly support a move toward a single payer system. Tat said, just wanting us to do the right thing doesn't mean we will. So lets not get too hyperbolic. I mean if you can refrain.
AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.