Friday, February 19, 2010
How to raise the cost of health care: fashion policy so that the gov't saves money
Obama's forced spending cuts for Medicare are causing health care premiums to rise for individuals.
This is all being driven by the false notion that the government has to "make or save money."
It's very simple: for the government to "make or save money," the private sector must lose money by definition.
If Obama wanted to lower the cost of health care for millions of Americans, he'd make the government the "single payer". That would inject a huge amount of competition into the health care system and prices for all services would fall across the board.