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Tuesday, June 2, 2009

Obama Advisers Promise Economic Payoff from Medical Reform


“Slowing the growth in health-care spending from 6 percent a year to 4.5 percent would have enormous benefits for the nation’s economy, creating as many as 500,000 jobs a year and increasing annual income for the average family of four by $2,600 over the next decade, the president’s chief economic advisers said yesterday.” (Washington Post, Tuesday)

Not if the methods include price controls, shortages, and rationing.

FEE Timely Classic
“The Price of ‘Free’ Health Care” by Nadeem Esmail


  • Sheldon Richman is the former editor of The Freeman and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families and thousands of articles.