Wednesday, September 26, 2007

Comparing the Health Care Plans of the Presidential Candidates

The New York Times has an article comparing the health care plans of the major presidential candidates (click here to read).

What's missing is an explanation of WHY health care costs are skyrocketing. The reason is simple - it's supply and demand. Demand is unlimited because the government gives free medical care (or nearly free) to a select group of people - the elderly via medicare. With high demand comes high prices. That's all there is to it. I wrote about the problem and the solution here.


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