The Meaning of Orszag

The Meaning of Orszag

President Obama's budget director Peter Orszag, who supposedly made "nerdy sexy," is skedaddling from Washington before the huge budgetary Potemkin facades he erected come crashing down.

Orszag was the numbers-crunching guru who supplied the economic myths, er, rationale for Obamacare. The 2000-page, trillion-dollar program would actually "bend the cost curve" down over the next decade, Orszag argued, without sacrificing quality and while serving 30 million new recipients. Uh-huh. It has only been three months since this Byzantine, but in any case unread, behemoth was passed; yet already, the Congressional Budget Office has acknowledged that the legislation will cost $200 billion more...