So the headline reads in today’s War Street Journal. The Journal continues to prove its scamper to the left. Subtle, yet still guiding public opinion to the conclusion that big companies hate their workers and want them to suffer.
Wal-Mart needs to turn a profit in order to continue providing jobs and affordable goods to consumers.
The root issue is not, as braindead conservatives might proclaim, that Obamacare is poorly run. It is that any product not purchased by the user’s funds cannot be priced at a proper level to distribute resources to their most efficient use.
Terry Jeffrey pointed out some facts that expose the reasons why medical care is such a big issue.
- 107,581,000 people were “insured” by government health plans before Obamacare existed. 34.3% of Americans.
- In 2013, 93.1% of Americans 65 or older were on Medicare.
Then figure how often people over sixty-five use a doctor’s services compared to (what is still) the rest of us. That leaves only a very small part of medical expenses subject to market forces. We can’t blame free markets, greedy corporations or the failure of capitalism for high healthcare costs. The blame has to go on the usual place for universal maladies: big government doing what private individuals can do better.