Different problem, same cause. College education in the doctors office

2013

Lets say you want to buy something and that something is not only important, but highly emotional plus society pressures you to buy that something.

Then add the fact government and others help you pay for what you want and in some cases you don’t have to pay at all.

Under this scenario while you may complain, in the end you really don’t care what something costs and in most cases you don’t take the time or effort to assess the value you receive from your purchase.

Knowing this, providers of the something you buy don’t care much what they charge because they know the demand for something will always be there and the customer rarely pays the full cost in any case.

As costs continue to rise “experts” and politicians see the solution as helping you more and more to buy something and thus there is no reason for providers of something to attempt to control their prices. Providers may even try to convince you that if they lower prices, the quality of something will decline.

Think about this the next time you buy something.

Something = health care AND college AND housing.

Every time there is an attempt to make something artificially “affordable” in many cases to people who can’t even afford “affordable,” it seems to blow up in our face and yet, we do it over and over again under the assumption we are helping people.

The political mind, ok, the most liberal political mind, cannot seem to solve a problem from the bottom up but rather looks for a quick fix from the top down, i.e. subprime mortgages, forgiving student loans, subsidizing health insurance.

We should not be trying to make something affordable, we should be trying to help people raise their status to afford something at an undistorted competitive price.