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- May 28, 2011
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- Conservative
Well no. You really don't.No, I understand completely.
When you spend your own dollars on things that you choose to purchase how do you do it? Without government intervention, I mean. Do you consider the cost versus the likely benefit? Do you read consumer reviews to see what other past customers say about the product? Do you consider asking friends for their opinions? And if you don't have a good experience do you keep going back?You have, it seems to me, an idealize view and not a reality based view. Bodies mean dollars. As long as that is true, the focus will be on bodys.
The part you appear to be missing is the customer's role in the transaction. I can vote with my dollars. If you do not meet my expectations I do not go back. Let me give you an example. I buy moderately priced books from a company in England. Over the last two years I have purchased roughly 25 books at an average price of $60. The last book I purchased was a very slim volume. I believe they charged me too much given the subject and the slimness of the volume. I decided I shall no longer do business with them because of my one "bad" experience. I am voting with my dollars.
The difference is who pays. When the government foots all or much of the bill it distorts the market. So get the government completely out of education, loosen the rules and regulations and let a thousand education companies open.It's already true in higher education where students have become customers, and profit means getting them, and high standards means losing them, so more than a few places make sure they don't lose them, . . . . at the cost of actual education. This is how the market works. Which is fine for widgets, but less fine for education and medicine IMHO.
Unfortunately your view of how the market works does not include the customers. Therefore you do not understand the free market.
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