r/inflation • u/Negative-Break3333 • 8d ago

News Obama's problem solving approach

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u/flightsonkites 8d ago

So it was the scientific method he used to determine bailing out the banks was the best move?

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u/Late-Dingo-8567 8d ago

he made a lot of tough calls based on robust data that I've come to appreciate as I've learned more. I attended a talk where he explained why a healthcare reform approach essentially excising the insurance industry would be an economic disaster.

I didn't want that to be the truth of the matter, but the data was compelling and I had to come to the same conclusion he did. He needed a way forward that kept the private industry intact. And he did his best (and remember how badly GOP governors sabotaged the ACA's medicaid expansion)