Tuesday, October 25, 2016

How Many Leftist Programs Do This?

Rates Rise Again For [X}, But So Do Subsidies
My immediate thought went to University costs to student debtors. The University raises its prices; the US Government increases loans to students, who bear the cost of the subsidy to the university.

But this article is about ObamaCare, which does the same thing. Except that the subsidies are managed differently, leaving insurance companies with part of the loss - shared loss with the healthcare consumer.

I think it is probable that in the end, it is the taxpayer who loses, as the national debt will force an inflationary economy and money will be printed 24/7 to service the debt while the average Joe will lose the effective value of his paycheck to the ravages of government-caused depletion of the value of a dollar.

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