Jeff  Carter

Peter Berkowitz wrote an editorial in the Wall Street Journal today about Conservatives and compromise. In it, he cites Reagan compromising with Democrats to get a lot of his agenda passed. He also cites William F. Buckley’s big tent conservative principles as a guidebook for the future.

I don’t disagree that conservatism is a big tent movement-and that in the last election cycle the Tea Party blew a couple of Senate elections by putting forth bad candidates. I think they call that “learning”.

I challenge Mr. Berkowitz presumption of compromise on a few key issues.

Obamacare. Where is the compromise between socialized medicine and a medical system based on the free market? I think everyone in America can agree that our present health care system is economically messed up-but should we quietly acquiesce to socialized medicine? There is no compromise between Obamacare and a voucher system like Paul Ryan envisions.

Jeff Carter

Jeffrey Carter is an independent speculator. He has been trading since 1988. His blog site, Points and Figures was named by Minyanville as one of The 20 Most Influential Blogs in Financial Media.