Friday, December 05, 2008

Restructuring the economy .... or else ...?

Brad DeLong notes that the Obama administration has no choice but to remake five major industries:
  • Autos
  • Housing finance
  • High finance
  • Energy
  • And the big one—health care
Not much to disagree there.  But, boy will every one of these be controversial.  One misstep, and it will be Bill Clinton's healthcare saga all over again.  And, I bet we will see a lot more of ads like the notorious Harry and Louise ads from then ....  

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