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


To: Road Walker who wrote (36535)5/5/2014 5:54:53 PM
From: i-node  Read Replies (1) | Respond to of 42652
 
>> I don't know anyone, anywhere that isn't running or starting a company because of regulation.

You gotta be kidding. That statement reflects a gross misunderstanding of what one goes through to get a business off the ground.



To: Road Walker who wrote (36535)5/5/2014 6:08:54 PM
From: Brumar892 Recommendations

Recommended By
gamesmistress
TimF

  Read Replies (1) | Respond to of 42652
 
It says a lot that the insurance industry is SOLIDLY behind the ACA.

The ACA coerces people to buy their products. Of course, they like that.



To: Road Walker who wrote (36535)5/5/2014 7:26:43 PM
From: i-node  Respond to of 42652
 
>> Regulation is 100% necessary and more than 99% beneficial.

ROTFLMAO. No shit.

That's just crazy, man.



To: Road Walker who wrote (36535)5/5/2014 8:22:28 PM
From: TimF2 Recommendations

Recommended By
Brumar89
i-node

  Read Replies (1) | Respond to of 42652
 
Most regulation is welcomed by the competing companies.

Regulation is often welcomed by companies as a way to suppress competition. It keeps out smaller companies, and potential companies never even get started because of it.

and more than 99% beneficial.

That statement is pretty crazy.



To: Road Walker who wrote (36535)5/6/2014 2:54:35 AM
From: i-node  Read Replies (1) | Respond to of 42652
 
RW

You may not find it interesting enough to invest the time to read the linked article. However, it is worth skimming, then reading the comments. It gives one some sense of the damage that can be done by regulation. The author of the article is pretty far left-leaning, so the regulatory problems sailed right over his head. But the people who actually deal with this particular drug (pain/anes specialists) -- one that is absolutely essential for the time being, recognize where the production problems are.

The allegation in article seems to be, "The free market failed." Yet, as the comments point out in so many words, it isn't a free market. It is a highly regulated market (particularly in regard to Medicare/Medicaid -- when I read that post I had to look to see whether I had written it myself), and that regulation has destroyed the ability for the free markets to function correctly. This is the rather immense downside of over-regulation.

theincidentaleconomist.com