Most Important, Destroying Medicare and Replacing It with Magic Ponies Is Bad Policy
Duncan Black says that, surprise, surprise, it is turning out to be bad politics as well:
Eschaton: The Advantage Of Incompetent Pundits: [O]ur Villagers... truly think they speak for the great unwashed, the True Americans in the Heartland who don't know what arugula is and have never heard of green tea. Yet it doesn't occur to them that destroying Medicare (and, yes, getting rid of Medicare and replacing it with Magic Ponies called Medicare is destroying Medicare) would be, you know, unpopular.
