"To that, I answer that a Mercedes is indeed more expensive than a Toyota Corolla."
Michel Kelly-Gagnon of the Montreal Economic Institute.
He makes a valid point, I think, about the fact that not everyone can pay for advanced American care. Like everything other goods or service or commodity, the price eventually comes down and becomes accessible to people.
Think how a new technology, say, computers used to cost so much only the wealthy could afford them. What happened? Companies eventually saw demand and began filling it - with it prices came down.
It's just that, and a commenter mentioned it, some people just feel it's no fair they can't get a Mercedes so the government responds by giving everyone a Pinto.
I like the efforts you have put in this, appreciate it for all the great content.
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As long as there are government programs to fall back on, there will be people who will not (or "cannot") provide for themselves. Not only do those programs encourage that mind set but the operators of those programs encourage participation in them. He is right that, eventually, those procedures and medicines will become cheaper... if the medical and pharmaceutical companies operate in a society which is based on free enterprise.
ReplyDelete"Free enterprise? What's that?" Obama.
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