You Know it's Bad When the Current System Looks Good

Government spending is out of control, and President Obama seems to at least recognize it…even if his administration is doing little to remedy it.

Instead, his efforts to rein in spending seem concentrated on health care reform, despite the fact that it’s such a convoluted and expensive proposition. Health care reform can’t help but invite the twin evils of confusion and corruption to the bargaining table.

It’s enough to make you start to appreciate the evils you already know.

The Daily Reckoning