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"Choice, competition, reducing costs -- those are the things that I want to see accomplished in this health reform bill," President 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.
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Monday, June 04 | 11:35 AM ET
Monday, June 04 | 11:35 AM ET
Monday, June 04 | 11:35 AM ET
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Competition
Here's a simple example about competition and freedom to choose that even liberals should be able to understand. Why should a gay married couple have to pay for a policy that includes maternity benefits? Why shouldn 't they be FREE to choose a less expensive policy without those benfits?