SOTU Primer

Check out Ezra’s State of the Union Primer at Tapped. It’s really good, and has a detailed explanation of why HSAs, which are going to be a centerpiece of Bush’s SOTU address, are a bad idea—something I was going to write about today, but Ez’s piece is so good, I won’t bother. I will note, however, that HSAs sound attractive at first blush for the same reason Bush’s Social Security reforms did—more control over one’s own money—but have the same inevitable result—more exposure to financial ruin at a vulnerable point in one’s life. Liberals will need to mount an informational (truth) campaign akin to that run against his Soc Sec reforms to make sure this dreadful idea tanks, too.

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