Buyer Beware
June 24, 2009 – 5:08 pmBills structured to improve healthcare for Americans are currently being drafted in Congress. The President will address the American people on ABC tonight to discuss why an expansion of Medicaid is needed. Many believe that these efforts will bring the U.S. one step closer to socialized medicine, others contend that the government should provide healthcare. So far no discussion has been set forth explaining how it will be paid, nor what kind of impact it would have on the already struggling private sector. With many industrialized nations providing universal healthcare to its citizens, many in the U.S. find the concept appealing. On the other side of the coin, many understand that a free market solves economic problems better than a bloated government. The more the government gets involved in the private sector, the more adverse effect. For example, when the government forced banks to make risky home loans to low ...