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Dangerous fruit

January 12, 2007 Posted by Paul at 12:16 PM

Nancy Pelosi's 100 hour march continues today, as the House takes up a bill that will allow the U.S. Government to negotiate directly with pharmaceutical companies when purchasing drugs for the newly-enacted Medicare Part D program. Like raising the minimum wage, this proposal represents Pelosi's efforts to find low-hanging liberal fruit -- in other words, domestic programs that, unlike the bulk of the liberal agenda, poll well.

Raising the minimum wage isn't a very good idea, but it does not threaten great harm. However, the same cannot be said for using the government's negotiating power to regulate drug prices.

To understand the issue, I recommend this piece by Pat Cleary at his Shop Floor blog, and this one by Robert Goldberg in the Washington Times.