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re: Ann Coulter on Health Care Fix
Posted on 3/30/17 at 10:04 am to Jimbeaux
Posted on 3/30/17 at 10:04 am to Jimbeaux
quote:True
Of course providers want to maximize profits. Insurance providers want to take advantage of rules to improve their bottom line.
quote:True for the most part.
Do you know who else does that? Every single person, company, and government entity.
quote:Wrong
We are all rational actors for our own benefit. Do you want to know what the government can effectively do about it?
Nada.
quote:But what is available for you to choose can be easily manipulated, forcing you to choose something that may not be as good as a competitor.
It's only the freedom of consumers to choose that can keep that natural force in check.
quote:Yea, but that is an over simplification. You are strictly looking at it from demand, but not taking into account the supply and how is manipulated through government, mainly lobbyist, looking to maximize profits. Its okay to purse the maximization of profits, but don't squeeze out any competition along the way to do so. That isn't truly a fee market.
That's not to say that some guidelines, regulations, and government controls aren't also necessary to protect people from the harshness of capitalism, but you can never ignore or hope to negate the forces of individual rational actors in the market place.
1
Posted on 3/30/17 at 10:31 am to MontyFranklyn
quote:
quote:
We are all rational actors for our own benefit. Do you want to know what the government can effectively do about it?
Nada.
Wrong
Maybe you misunderstood me. I didn't mean to imply that the market can't be influenced by government action. Quite the contrary! What I meant is that every entity will always make choices for their own best interest given whatever changing factors present themselves. Government intervention will always effect people's choices, but there is always unintended consequences, ie. individuals who do things differently than the government wanted them to do - often unexpectedly.
In looking at the rest of your response, I think you and I are basically in agreement. I was simply focusing on the very narrow concept of freedom of choice. I was responding to the post that was decrying the bad ole "providers" for taking advantage of government interventions for their own profit. To rail against that is to deny a fundamental reality of market forces.
Yes, of course, changes to the market, including governmental involvment, will force people to make adjustments. The problem is that the governmental changes to the system can not possibly come close to keeping up with the market changes itself.
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