More nails for health bill

WSJ/NBC News poll out today shows that 46 percent believe the health care bill is a bad idea, while 33 percent said it was a good idea. The numbers are in line with previous polls. More polling data will be released later today. Meanwhile, the word from Massachusetts is not good for the Democrats. The Journal's Washington Wire pulls together some comment:

Stu Rothenberg, Roll Call: "If you are looking for an analogy for a Republican victory in Massachusetts, the best one for Democrats may well be the stock market crash of 1929. Come Tuesday night, you could have Democrats jumping out windows and off roofs."

Howard Fineman, Newsweek: "I don't know enough about health-care economics to make a judgment about the social policy, but as a piece of politics, the legislation has become a disaster. And that is true whether or not the Republicans manage to pull off an upset win in the Massachusetts Senate race this week."

RMD, DailyKos: "After phone banking last night for Coakley, I've come to the conclusion that it's over, and has been for about a week...So a combination of panicky last minute negative campaigning and poorly organized phone lists ended it for Coakley. My prediction for the race is a high single digit loss. Something like 54 to 45, Brown. And so it goes. Obama had roughly 4 months of semi-majority rule, and we wasted it negotiating with the GOP."

One more thing: The stock market is up strongly this morning, with shares of insurer Humana up 6 percent, and pharmaceutical giant Pfizer 2.3 percent. What's curious is that by many accounts the health care legislation would actually be a good thing for the industry.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
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