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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (890023)9/24/2015 10:41:26 PM
From: i-node1 Recommendation

Recommended By
TimF

  Respond to of 1575182
 
> Couldn't agree more.

Of course you couldn't. Because you don't understand it.

Markets consistently provide the best outcomes for consumers. It is the rarest of instances that they do not, and even then, it is almost always traceable to government manipulation of otherwise free market processes.

Even when markets are manipulated by private enterprise (as in the high speed trading fiasco on Wall Street) they often outperform anything government regulation could come up with. That is not a criticism of government so much as it is a statement of just how efficient free markets are.

US health care costs were extremely competitive before government began screwing with it in the 60s:



No one, I don't think, would claim we didn't have the best health care in the entire world in 1960-1970. But once Medicare/Medicaid took off in the mid-60s, US costs began to soar. It is BECAUSE of government. Yet, you think government should control it rather than markets.

Seems to me we were doing far better with markets in charge than now.