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Megan McArdle

Megan McArdle - Megan McArdle is a senior editor for The Atlantic who writes about business and economics. She has worked at three start-ups, a consulting firm, an investment bank, a disaster recovery firm at Ground Zero, and The Economist. More

Megan was born and raised on the Upper West Side of Manhattan, and yes, she does enjoy her lattes, as well as the occasional extra-dry skim-milk cappuccino. Her checkered work history includes three start-ups, four years as a technology project manager for a boutique consulting firm, a summer as an associate at an investment bank, and a year spent as sort of an executive copy girl for one of the disaster-recovery firms at Ground Zero … all before the age of 30.

While working at Ground Zero, Megan started Live From the WTC, a blog focused on economics, business, and cooking. She may or may not have been the first major economics blogger, depending on whether we are allowed to throw outlying variables such as Brad Delong out of the set. From there it was but a few steps down the slippery slope to freelance journalism. She has worked in various capacities for The Economist, where she wrote about economics and oversaw the founding of Free Exchange, the magazine's economics blog. She has also maintained her own blog, Asymmetrical Information, which moved to The Atlantic, along with its owner, in August 2007.

Megan holds a bachelor's degree in English literature from the University of Pennsylvania and an M.B.A. from the University of Chicago. After a lifetime as a New Yorker, she now resides in northwest Washington, D.C., where she is still trying to figure out what one does with an apartment larger than 400 square feet.

Lieberman Stabs Health Care in the Back

By Megan McArdle
Dec 14 2009, 10:46 AM ET Comment

I try not to watch the Sunday political shows.  If God had wanted me to engage in such an activity, he would have provided me with a small hammer with which I could repeatedly smack myself in the head once a week for three hours.

This does, however, mean that I occasionally miss things--like Joe Lieberman making the rounds to say that no, he will not vote for any plan that has a medicare buy in, a public option, or basically any of the other proposals to throw liberals a bone.

The progressives are, of course . . . well, livid is probably too weak a word.  At this point it's hard to see them getting to sixty votes on anything.  Frankly, I'm not sure that a majority of legislators want them to get to sixty votes on anything.  Every time health care makes the news, its poll numbers drop further, and at 54-38 against, it's already dangerously close to "Republican landslide if you pass it" territory.  Outside of coastal enclaves, Democrats cannot win the next round of elections with no one but their base.  And independents, already against the plan, especially hate partisanship.  This makes it especially unhealthy to pass a bill they don't like on a straight party line vote.

Still, the question remains:  what the hell is Joe Lieberman thinking?  Sure, he can get away with these antics as long as he is the 60th vote.  No matter how furious Democrats are, they are not going to punish him as long as he can break a filibuster for them.

But that's another year.  Then what?  It's highly unlikely that Democrats will keep exactly 58 seats plus Bernie Sanders.  At that point, one way or another, Joe Lieberman becomes largely superfluous.  And the Democrats are going to have their knives out.

The obvious move is to become a Republican (or at least caucus with them).  Republicans will make Lieberman King of the Senate, if he kills this bill for him.  But it's not mathematically possible for Republicans to take back the Senate--I mean, it is, but not if you look at the third of states that have Senators up for reelection in 2010.

So why has he jerked around the Democrats so hard?  Payback for the primary challenge, protecting his home state's powerful insurance interests, or just a principled aversion to health care? 

I'm not sure there's any way to tell.  But it's going to be an interesting few weeks.


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