I could write a long list, but I feel like a short post. For a start, there would have been no stimulus bill, which in all likelihood would mean higher unemployment and a more sluggish recovery today (and that would mean higher fiscal deficits, by the way). We certainly would not have healthcare reform – there would have been no chance of covering an extra 30 million people, banning denial of coverage based on pre-existing conditions, bending the curve with delivery system reforms, or regulating the ability of private insurers to cover abortion. There would have been no serious attempt at financial sector reform. And while its progress seems extremely uncertain, no Republican administration would have touched cap and trade, or any attempt to tackle climate change.
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