It solves both the problems of free-market insurance by regulating and making insurance mandatory, and the problems of universal healthcare inefficiency and abuse by employing 10% copays on top of deductibles and competition between private insurers.
Eliminating oil subsidies won't cause the price of oil to go to 8$ a gallon. This person has almost no understanding of economics. Oil is subsidizetoxins in the Unoted States with respect to production, which is relatively small in terms of global supply. The price is governed by international supply and demand. The reason gasoline is 8$ a gallon in Europe, which is where I assume he derives his 8$ figure from, is because of gasoline taxes. The countries that subsidize the price of oil are oil rich nations and China. They do this to control any upheaval and inflation wrt food and other products that require petroleum as a means of transport. They are also generally authoritarian regimes, ie. Iran, Venezuala and China.
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[ 3.5 ms ] story [ 22.2 ms ] threadhttp://en.wikipedia.org/wiki/Swiss_health_care
It solves both the problems of free-market insurance by regulating and making insurance mandatory, and the problems of universal healthcare inefficiency and abuse by employing 10% copays on top of deductibles and competition between private insurers.
Please, this person is a moron.