Sunday, February 28, 2010

Quote of the day - Thomas Sowell - health care costs

Here is a math problem for you: Assume that the legislation establishing government control of medical care is passed and that it "brings down the cost of medical care." You pay $500 a year less for your medical care, but the new costs put on employers is passed on to consumers, so that you pay $300 a year more for groceries and $200 a year more for gasoline, while the new mandates put on insurance companies raise your premiums by $300 a year, how much money have you saved?

Thomas Sowell

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