Second time around
I'm still believing
Words that you said
--Naked Eyes
Annual family health insurance premiums have increased nearly $5000 on average since 2008. In 2008, President Obama promised, "We will start by reducing premiums by as much as $2500 per family."
Another completely predictable empty promise. Initiated by Medicare and Medicaid, Government spending as a percent of total health care spending has increased from about 10% in 1960 to nearly 50% today.
An axiom that reveals itself on the road to truth: Increased government involvement in a market always raises prices.
The natural tendency of unhampered markets is just the opposite.
Thursday, September 24, 2015
Empty Promises
Labels:
health care,
intervention,
markets,
measurement,
Obama,
productivity,
socialism
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