, Columnist
The White House Says Socialism Is a Threat. It’s Right.
Its new report makes a strong case, especially when it comes to health care.
Larger than life.
Photographer: PATRIK STOLLARZ/AFPThis article is for subscribers only.
Who would have thought that an attack on socialism would be so controversial? But these days it is. The White House’s Council of Economic Advisers issued a report called “The Opportunity Costs of Socialism” to a scathing reception on social media: “dreck,” said the economist Justin Wolfers, while Paul Krugman referred to it as “amazingly dishonest.”
I’m here to tell you that I have read the entire report, and many of the sources it cites, and most of it is correct.