All Commentary
Tuesday, April 10, 2012

Obamacare Estimated to Add to Deficit


“President Obama’s landmark health-care initiative, long touted as a means to control costs, will actually add more than $340 billion to the nation’s budget woes over the next decade, according to a new study by a Republican member of the board that oversees Medicare financing.” (Washington Post)

Subsidizing demand increases prices—unless the government rations or imposes price controls

FEE Timely Classic
“Nationalized Health Care Will Cut Costs? It Just Ain’t So” by Gene Callahan and Robert P. Murphy