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Sunday, July 26, 2009

Greg Mankiw on Unicorn Dust and Pixie Wings



Harvard Economics Prof Greg Mankiw posted a comment on his blog yesterday in regard to the latest report that the Independent Medicare Advisory Board IMAC would not result in any significant savings for health care in the near or long term. His blog post titled "Unicorn Dust and Pixie Wings," ends with this rather snarky conclusion:

"Damn that CBO! They keep killing all these great ideas with, like, analysis and numbers and all that stuff. Everything would work out just fine if only they would close their eyes, click their heels together three times, and say, "There is no policy like reform...there is no policy like reform...."

Looks like I picked a good week to start a blog with a "Ruby Slippers" theme.

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