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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (24482)	8/11/2012 12:51:25 PM
From: TimF	2 Recommendations Respond to of 42652

Did you follow the link about public goods? It seems your claiming that Obamacare makes medical insurance less of a public good because it makes it more private and less government provided than it was before. But that's wrong on two acounts. One is that it increases government involvement rather than decreasing it. The other is that whether it increases or decreases the amount of medical insurance provided by government, is irrelevant to whether insurance is a public good or not. A public good is not "a good provided by government', or "a good that should be provided by government". Its a non-rivalrous and non-excludable good. In other words its a good that if provided to some its provided to everyone, or nearly everyone in the public group, and providing it to one person doesn't prevent you from providing it to others. Just more regulated, a very legitimate government function. And obviously necessary with the dysfunctional system that has evolved. The regulation was one of the reasons for the dysfunction, and the type of regulations that where expanded are the types of regulation most closely connected to that dysfunction. Its like saying that since unemployment was high because the minimum wage was $20/hour, we need more government involvement and should increase it to $30.