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Topic | Politics Containment Topic 209: Lord of the Lies |
red sox 777 12/14/18 9:10:32 PM #471: | Simple economics: How much would you pay for health insurance policy A if there were no penalty for not having health insurance? Let's call this amount N. How much would you pay for health insurance policy A if there were a penalty of M for refusing to buy policy A? Answer: N+M. Obviously, the real world is more complicated that this, but this model essentially captures what's driving prices here. Anyone can tell that N+M > N. Obamacare is insanity. And if Democrats could admit it, like Bill Clinton did, they would do a lot better in elections. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! ... Copied to Clipboard! |
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