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Economics Lecture Two (view source)

Revision as of 04:24, August 10, 2009

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→‎Socialized Medicine: better, with Palin quote
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Sarah Palin, the Republican Vice Presidential candidate in 2008, criticized this plan as follows:
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:The Democrats promise that a government health care system will reduce the cost of health care, but as the economist Thomas Sowell has pointed out, government health care will not reduce the cost; it will simply refuse to pay the cost. And who will suffer the most when they ration care? The sick, the elderly, and the disabled, of course. The America I know and love is not one in which my parents or my baby with Down syndrome will have to stand in front of Obama’s “death panel” so his bureaucrats can decide, based on a subjective judgment of their “level of productivity in society,” whether they are worthy of health care. Such a system is downright evil.
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Thomas Sowell is an African American economist who consistently supports free market solutions to health care and other challenges.
    
==Tariffs and Quotas==
 
==Tariffs and Quotas==
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