Wednesday, August 19, 2009

I think most of us can agree, the free market can very often be a wonderful thing. I emphasize "often," meaning not always. For some (crucial) aspects of life, that old invisible hand just does not suffice. As it turns out, health care is one of them.

The Anonymous Liberal sums it up nicely:
Of course, if we were to let "liberty and market forces" do the rationing when it comes to health care for the elderly, the result would be no health care for most elderly Americans. That's because elderly people consume a lot of health care and therefore it makes no economic sense for private insurers to cover them (at least at affordable rates). That's why we have Medicare in the first place. That's the problem Medicare was designed to solve. It is thanks to the "government bureaucrats" that grandma gets to go to the doctor at all.
Simply put, but too simple for the public that is showing up at town halls, fired up with rage, fearing socialism and government takeover, all the while many of whom are happily enrolled in Medicare...?

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