Quote:
Originally Posted by lendaddy
Regulations prevent or discourage any truly unique solutions.
|
This is dishonest. I would be surprised if you were this poorly informed. Part of the problem, Len, as you know, is that our money pays for everybody's health care. There is already universal health care, and it is being managed by the health care industry. You are paying, and they are making the pricing decisions. Aspirins cost a thousand dollars apiece, and then insurance companies and Medicare cut "special" deals that are not really special, except that they reduce the $1000 cost of aspirins.
The other problem IS competition. Everybody has to have a CAT scan. I don't know of any economist that buys into the mythology that the free market meets all needs and resolves all problems. In fact, it is undeniable that markets must be regulated. At least in the sense that competition must be preserved. Monopolies are not efficient. In order to be able to make use of the supply/demand mechanisms in capitalism, there needs to be competition. And there is competition in most industries including this one. But that competitive behavior is not automatically, always, reliably, good for the consumer. Look at the pharmaceutical companies, Len.
This "regulation is the problem" crap is grasping at straws. And far from true. Radical right-wing vision is at least as twisted as radical left-wing barf.