The Rise and Fall of Hope and Change

The Rise and Fall of Hope and Change



Alexis de Toqueville

The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.
Alexis de Tocqueville

The United States Capitol Building

The United States Capitol Building

The Constitutional Convention

The Constitutional Convention

The Continental Congress

The Continental Congress

George Washington at Valley Forge

George Washington at Valley Forge


Friday, January 13, 2012

Beware the Rush to Presumption, Part C: A Public Choice Analysis of the Affordable Care Act’s Interim Final Rules

from The Mercatus Center;


Health Care





Beware the Rush to Presumption, Part C: A Public Choice Analysis of the Affordable Care Act’s Interim Final Rules



by Christopher J. Conover, Jerry Ellig



Mercatus Center



January 11, 2012



Working Paper Series





From a process perspective, it appears that the analysis and review associated with these regulations was less thorough than economically significant regulations typically receive. The result was certainly subpar. The abbreviated regulatory process and low-quality analysis are predictable results of the incentives the regulatory agencies faced. A combination of top-down direction and tight deadlines eliminated the agencies’ ability and incentives to produce high-quality regulatory impact analyses or use the results to make choices. Presidential and congressional decisions, in turn, flowed predictably from the political incentives President Obama and Congress faced in 2010.





URL: mercatus.org/sites/default/files/publication/Beware_the_Rush_to_Presumption_PartC_ConoverEllig_0.pdf







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