On Wednesday, your President and mine (unless you are Canadian) said he would veto the new funding for the S-Chip program. His logic was interesting, since the program would have grown to help more people. Quoting the Atlanta-Journal Constitution, Bush reasoned...
"President Bush contends that expanding the program's eligibility limits would encourage middle-class families to drop their private insurance and cover their children under the taxpayer-supported plan. The White House has also said that the measure "goes too far toward federalizing health care."
In a memo, the White House said that the bill passed by Congress would enable SCHIP to cover children in some households with incomes up to 400 percent of the federal poverty level, or $83,000 per year.?
The White House also said the president supports a more modest 20 percent increase in the program of $5 billion over five years."
Again, that logic is interesting, since this is actually an program that the administration introduced in the first place, so it would be one of there babies. The President is saying now that it would help too many people. Huh?
That is kind of like me saying "I made this excellent apple pie, everyone raved about it and there were no leftovers. So, to make it even better, I will make a smaller pie instead."
Someone needs to tell our humble leader that just because he is supposed to be the MBA President, not everything works off of supply and demand.