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Yes people pay a lot in US for Cable TV and also for health care and post secondary education. A lot less for gasoline/petrol grocery in general. IMO there is n
by geodel 7y ago
Yes people pay a lot in US for Cable TV and also for health care and post secondary education. A lot less for gasoline/petrol grocery in general. IMO there is no general systemic reason for this. It is just whichever supplier came in first they decided they can extract this much money from consumers and it became norm.
- jjeaff 7y agoNotice how the things you listed as cheap have lots of competition. The expensive things have government granted monopolies or psuedo-monopolies. And before anyone says healthcare providers don't have a monopoly, it that case, the insurers have a defacto monopoly due to the enormous regulatory moat that was built around them.