The blue social model posted a big win today as President Obama signed the Senate’s health care bill into law . I think it’s a bad bill that locks the United States more tightly into a medical system that is unsustainable in the medium term, and it is grossly unfair to the young. But extending health insurance to tens of millions of Americans is not the worst thing in the world, and while doing the right thing in the wrong way isn’t always helpful (look at George W. Bush’s efforts to promote democracy in the Middle East, for example), the bill could have been a lot worse than it is.
However, extending the old blue social model further into health care is not going to help matters. On the contrary, it advances the very painful day of reckoning this country faces when the bill for the unsustainable promises we’ve made comes due. Even as the House-passed health bill was making its way to the Senate, the financial system was flashing warning signs.