Public Choice in Action

Via David Henderson over at Econlog, keithhennessey.com points out some precarious and perverse incentives facing DC legislators at the moment. In particular:

The Democratic party is unified in wanting a major legislative accomplishment. I know of no Democrat who is saying he or she wants the bill to fail, even if some of them will vote against it. This sounds trivial but is important. Congressional Democrats appear to believe that enactment of a comprehensive law is critical to their re-election. Most seem to believe that a White House signing ceremony is more important than the contents of the bill that becomes law. This helps the Leaders and the President rally votes and creates legislative bargaining flexibility.

Relying on government benevolence is like leaving the front door of your home unlocked 24/7 because you believe everyone around you is good. It's a wonderful thought, but you are going to get robbed.

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