Tuesday, September 28, 2010

Healthcare Reform: A Huge Misdiagnosis

Anyone with a basic understanding of Austrian economics could have predicted the unintended consequences of these new healthcare policies.  Central planning never increases choices and quality or cuts costs as promised.  Price controls and government mandates always create artificial scarcity.  Healthcare is not a right, nor a privilege.  It is a product, like food or clothing.  As with any good or service, the free market regulation of supply and demand provides the optimum quality to the maximum number of people.  Once we realize the problems we are trying to solve today were created by government intervention beginning in the 1960’s, we can begin to put patients and doctors back in control of healthcare, rather than third party oligopolies and government bureaucrats.  The sooner, the better.
Ron Paul refuses to jump off the cliff with all the lemmings in Congress.

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