Tuesday, October 14, 2008

Obama's Government Sponsored Healthcare Programs will Decrease Medical Innovation

Greg Mankiw said 'Our health care system is not perfect, but it has been a major source of advances in our standard of living, and it will be a large share of the economy we bequeath to our children.'

The advances comes form the private market satisfying consumer needs by creating compelling value in the marketplace. Big government can't replicate this.

Obama's government run healtcare policies will decrease the motivation for private companies to innovate. This is a huge opportunity cost to the American taxpayer.

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