Paul Ryan Delivers an Economic Speech at a Think Tank Named after Herbert Hoover

I'm pretty sure I'm the only person in the world who finds irony in this juxtaposition because it happens all the time.

Paul Ryan gave a speech devoted to repealing and replacing Obamacare at the Hoover Institute yesterday. As we've noted in the past, Ryan tends to reserve his big guns for speeches at think tanks and in academic settings.

We'll probably get around to talking about the speech and the contents therein this weekend. Or not. If there's one sort of take-away line from the whole thing I'd point to this passage:

The three reforms I’ve just outlined – premium support for Medicare, block grants for Medicaid, and tax reform to correct the inefficient tax treatment of health insurance – must be present in our “replace” agenda.  

If we end up with a replace agenda that fails to fix the problem, then we will lose hard-won credibility on the health-care issue as a result.

Say what you will about Ryan, the guy has a gift for encapsulating both the policy and the politics of a heavy issue rather succintly.

Here's the video: