Despite all the silly talk of socialism in the presidential campaign, President-elect Barack Obama will not move to nationalize the health insurance industry after he is sworn into office. However, the question remains whether he can create another massive federal program during a financial crisis–and if he does, how he'll pay for it.
Obama will at some point–probably sooner rather than later–launch the most serious effort to reform the way health care is insured in this country since First Lady Hillary Clintons ill-fated drive under her husbands administration.
The Clinton initiative was undermined not only by poor management within the White House Task Force created to reshape health care, but by a devastating industry-funded ad blitz featuring the fictional Harry and Louise, expressing alarm over how the government was going to tell them which doctors they could and couldnt see.
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