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Well, the last time a government tried to create an artificial market, it ended in disaster. Years ago, California tried to create an energy marketplace. This
by joshuaheard 13y ago
Well, the last time a government tried to create an artificial market, it ended in disaster. Years ago, California tried to create an energy marketplace. This of course led to rolling blackouts, widespread abuse, bankruptcy of a Fortune 500 company, and the state signing overpriced long term energy contracts.
I believe these exchanges will fail. You can't add a whole slew of new policy requirements and then expect the prices to go down. But then, the goal of the exchanges is to make the prices go up, justifying the complete takeover of the healthcare system by the government.