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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. She is currently on leave.
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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.

If Brown Takes Coakley Down, Whither Health Care?

By Megan McArdle
Jan 15 2010, 11:41 AM ET Comment

I'm still not convinced that the chances of Scott Brown beating Martha Coakley in the Massachusetts special election are as high as 50%.  I would like this to be true, but the universe is not here to please me--though Martha Coakley's nearly unprecedented gift for putting her foot in her mouth certainly seems to be.




Nonetheless, I think it's worth speculating:  what if?  What happens to health care? 

The progressive pundits seem to be pretty united in their belief that this is no big deal, nothing to see here, move along--either they'll rush through a compromise, or the House will pass the Senate bill unchanged.  The libertarians I know, on the other hand, are equally convinced that this means the death of the bill.  At this point, there are clearly a fair number of Democrats who would really rather not pass this, but are afraid to defy their party.  If all they have to do is stall long enough to let Brown take his seat, well, that's not hard to do, especially since Stupak seems so far pretty adamant about accepting the Senate compromise.

Moreover, Brown's election probably makes a bunch of Blue Dogs even more nervous than they already are--when they're already about as nervous as a long-tailed cat in a room full of rocking chairs.  How much discipline can the leadership exert on those quailing members, given how shaky many of their campaigns are looking?  If Scott Brown can get elected in Massachusetts with a pretty clear mandate to kill the health care bill--even in an off-year special election . . . well, how frightened are you really that Harry Reid's going to be around next year to take his vengeance?

The leadership could try to stall Brown's certification.  But I have no evidence that they are any less appalled by the idea than I am--and even if they were, I'm pretty sure they've already realized that it would be political suicide.  There is simply a limit to how brazenly legislators can flout the will of the folks who elect them. 

So I guess I'm in the camp that thinks a Scott Brown victory means that the health care bill goes down.  On the other hand, given the near-perfect correlation of one's opinion on the matter with one's opinion on the health care bill, I think it's pretty clear that we're all seeing what we want to see.

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