Skip Navigation
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.

Thoughts on the Health Care Summit

By Megan McArdle
Feb 26 2010, 9:39 AM ET Comment

So, the health care summit. What do we think?

Well, like the rest of the press, I think it was a phenomenal waste of time, if you thought we were maybe going to make some kind of policy progress.  What did we learn from the summit?  Hold onto your seats folks:  Democrats want to do comprehensive health care reform . . . but Republicans don't!

But of course, that wasn't really the point of the summit.  The question is, what was the point?

There are two possibilities.  The first is that Democrats simply needed to give the appearance of consulting Republicans so that they could go ahead and do reconciliation.  Maybe that's what they thought they were doing, and if so, well, mission accomplished.  But is this actually the issue?  The bigger problem is that the bill is unpopular.  And the locus of legislative action is not the Senate where you (maybe) have enough liberal senators to do the thing, even if Blanche Lincoln gets the vapors.  The issue is in the House, where members are not eager to pass a controversial bill with unacceptably liberal abortion language.

So what's the alternative?  That Democrats actually wanted to improve the image of the bill.  And if so, I don't think they sold it.  Most people didn't watch Kathleen Sebelius do a yeoman's job of explaining pooling problems.  They saw the news clips, where, as I predicted, we saw much play of Obama's testy response to McCain ("We're not campaigning any more, John).  It made him look ungracious, and played into a pre-existing narrative that Democrats think their 2008 victory gave them a license to steamroller Republicans and voters.  McCain's polite response didn't improve matters, from the Democratic perspective; apparently, McCain is a better loser than our president is a winner.

On a side note, Republicans had their good speakers speak.  Democrats had their leadership speak.  And Democrats got twice as much air time as Republicans, a fact that was being widely discussed on cable news last night.  That's sort of natural, given that Obama was moderating the thing, but the Democratic congressional delegation also got a slight edge, which was not smart if you want to claim that you're making every effort to listen to Republican ideas.

Also, though Democrats were swooning over Obama's Q&A with the Republicans, this really isn't Obama's best format.  He won that round because he wasn't playing against the A team. This time he was facing only the best players, and he failed to deliver good sound bites.  His closing, where he should have gone in for the kill, was rambling, counterproductive (he managed to admit that Democrats probably wouldn't vote for anything Republicans put up, either, which totally undercut the whole point of the conference), and eminently un-telegenic . . . which is why the news cycle is apparently being dominated by his exchange with McCain.

I also think Democrats made a tactical mistake in trying to frame the bill as chock full of Republican ideas.  Maybe this makes Republicans sound hopeless obstructionist, but maybe it just makes you sound like derivative idiots whose bill is so bad that Republicans won't even sign onto it when you put a bunch of their ideas in.

When Kevin Drum and Clive Crook are both giving the edge to Republicans, I'm prone to agree.

But I don't really know if it matters.  The longer these things wear on, the more hardened opinion gets.  I never saw this moving the needle of public opinion.  Democrats have to decide if they want to ignore what the voters think, knowing that this will be an issue in the next election.  I doubt they will, but maybe they care enough to toss away the house and the senate.  After all, what's the point of winning elections if you don't get to push through your policy agenda?

Photo credit: Pete Souza/White House


Presented by

More at The Atlantic

Government Employs 1 in 6 U.S. Workers—Where Are They? Government Employs 1 in 6 U.S. Workers—Where Are They?
The Myth of Energy Independence: Why We Can't Drill Our Way to Oil Autonomy The Myth of Energy Independence
The agony of Nabeel Rajab The Plight of Bahrain's Informal Activist Leader
The Fearlessness of Jeremy Lin The Fearlessness of Jeremy Lin
Was Facebook Inevitable? Was Facebook Inevitable?

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.
blog comments powered by Disqus
Special Report
The Civil War National Portrait Gallery The Civil War
President Obama reflects on what Lincoln means to him and to America, in an introduction to our special issue. Read more ›

Just In

View All Correspondents

The Biggest Story in Photos

Athens in Flames

Feb 13, 2012

Subscribe Now

SAVE 59%! 10 issues JUST $2.45 PER COPY

Facebook

Newsletters

Sign up to receive our free newsletters

(sample)

(sample)

(sample)

(sample)

Megan McArdle
from the Magazine

Why Companies Fail

GM’s stock price has sunk by a third since its IPO. Why is corporate turnaround so difficult…

The Graduates

Busted banking careers, crashed consultants, and shrunken incomes: the author attends her 10-year…

Romney’s Business

The Republican contender touts his business experience—but does it really matter?