Monday, December 14, 2009

Living in a Gray World - The 'Cost-Control' Health Care Illusion - WSJ.com

The 'Cost-Control' Health Care Illusion - WSJ.com

As this article attests, it would appear hard to believe the US can have a competitive economy (read: growing and with jobs), if more and more of it isn't subject to the inherent cost controls of economic utility purchasing decisions and supply and demand pricing decisions.

As such, those who want to work or produce know that a great deal of what they produce, save for, invest in, etc. is going to be enjoyed by those who the government is determined to reward with an equal outcome.

Now, there's a real incentive for working hard, studying, etc. I've seen the results of communism in Eastern Europe and talked with many people who lived through it. I really don't see that we aren't heading for the same conditions that communist economies operated under - i.e. little incentive for excellence and a stagnant at best economy. And, just like the Eastern Europeans in the late 1940's, Americans are voting to give up everything thinking all will be the same when the government controls the economy.

Well, it didn't work in Eastern Europe. Friends have called it "living in a gray world".

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