Glenn and Reihan discuss two policy debates: the economics of higher education and the wisdom of the auto bailouts. Reihan criticizes the “college cartel.” What’s driving the incredible increase in the cost of higher education? Glenn wonders whether selective colleges and universities don’t serve a useful role in bringing bright young people together. Reihan summarizes his “too big to fail” objections to the Detroit bailouts. Glenn invokes the “Samaritan’s Dilemma,” and wonders if objecting to bailouts can ever be a viable political strategy.Play entire video
Bill Scher and Matt K. Lewis discuss the West Virginia senator’s opaque legislative strategy.