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Re: SCOTUS LIVEBLOG - Obamacare Mandate Survives [W:125, 384, 635, 652, 758]
By the government forcing socialistic rules on for-profit, private companies - then the fundamentals of the supply-and-demand rule goes out the window...and overall costs for the consumer go through the roof.
Imo, in 5-10 years...the average amount Americans spend per capita on healthcare will be much higher then it is today.
And the satisfaction of Americans in the quality of their healthcare will either stay the same or decline from where it is today.
And America is already spending MILES more per capita then any other country in the world.
http://en.wikipedia.org/wiki/List_of_countries_by_total_health_expenditure_(PPP)_per_capita
Obamacare will only make that number climb (imo).
Well since you understand how supply and demand works, you should realize that Obama's healthcare plan would increase the supply to the medical industry. According to the law of supply and demand, this should reduce healthcare costs.
By the government forcing socialistic rules on for-profit, private companies - then the fundamentals of the supply-and-demand rule goes out the window...and overall costs for the consumer go through the roof.
Imo, in 5-10 years...the average amount Americans spend per capita on healthcare will be much higher then it is today.
And the satisfaction of Americans in the quality of their healthcare will either stay the same or decline from where it is today.
And America is already spending MILES more per capita then any other country in the world.
http://en.wikipedia.org/wiki/List_of_countries_by_total_health_expenditure_(PPP)_per_capita
Obamacare will only make that number climb (imo).
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