Story Archives: Defying laws of economics and physics
|Defying laws of economics and physics|
You aren't likely to find many people willing to jump off a cliff because they are in denial about the law of physics, but our healthcare system is headed off a cliff because there are a lot of people who are in denial about the laws of economics.
Sarah Palin was given grief months ago for being a fear-monger for tweeting about "death panels"—essentially nameless bureaucrats who will be making life and death decisions about healthcare run by the federal government.
Call it fear-mongering if you want, but it's really just common sense to anyone with even the slightest understanding of economics. When you increase demand with a limited supply, prices rise. When you have limited resources to pay, rationing happens.
You can argue all you want, but economic laws won't change just because you think they should. Like the laws of gravity, they are likely to bring you crashing to the ground it you aren't careful.
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