The Plain Truth

The Plain Truth
God's Hand Behind the News

Thursday, August 27, 2009

Competition Vital for Success of Health Plan

"Choice, competition, reducing costs -- those are the things that I want to see accomplished in this health reform bill," President Barack Obama told talk-show host Michael Smerconish last week.

Choice and competition would be good. They would indeed reduce costs. If only the president meant it. Or understood it.

In a free market, a business that is complacent about costs learns that its prices are too high when it sees lower-cost competitors winning over its customers. The market -- actually, the consumer -- holds businesses accountable and keeps them honest. No "public option" is needed. MORE>>>>>>

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