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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (9785)	2/19/2012 1:02:45 PM
From: TimF	Respond to of 85487

Well we have to figure out some way to bring the cost down. The cost isn't going down except perhaps slightly in the short run (which has happened before). At least not without causing more harm than good (by price controls, rationing, reductions of incentives for innovation, etc.). The issue isn't so much keeping costs down as containing their future increases. Increases will still happen, but if they are smaller, then all else being equal (which isn't a safe assumption BTW) it would be better. Increases are happening as fast in the other rich countries as they are in the US. Also the real issue is keeping government spending increases down. If someone wants to spend more of their own money for extra service, I don't see that as a horrible thing that needs to be stopped.