Competition or chaos?

摘要

The average American reads pulpy novels in the summer. Bureaucrats read the Federal Register. On July 11th the Department of Health and Human Services (hhs) proposed new rules to help states create exchanges, a main feature of Obamacare. Kathleen Sebelius, the health secretary, announced the rules at a hardware store, describing them as a boon to small business. Exchanges should be a big achievement for her and for Barack Obama. Alas, they are a long way from being reality yet.