The Soapbox

MaizeAndBlueWahoo

Joined: 06/18/2008 Posts: 1383
Likes: 1704


You are right that a monopsony lowers costs of goods, except for one thing


The monopsony has to actually want to do that.

The argument about a monopsony works just fine when it's a private buyer that is subject to the realities of the marketplace and incentivized to make a profit. In other words, one that has to sell a product to raise revenue, rather than simply decide to do so and justify that decision by doing as Howie did above - present a choice to voters between doing things our way or watching the elderly die in the streets.

The federal government has never shown one ounce of evidence that it's interested in cost control, nor that it actually knows what the "correct" market price of a procedure or drug is.

(In response to this post by WahooRQ)

Posted: 05/16/2016 at 3:36PM



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Current Thread:
 
  
Not surprised....obama forcing insurer to cover sex changes -- TomKazanski 05/16/2016 09:50AM
  Let's talk about breast implants shall we? -- 25Charlie 05/17/2016 06:36AM
  Not surprised....your link is to Fox "news" ** -- Hoocinogenic 05/16/2016 3:57PM
  Hooda....classic playbook 101 above -- TomKazanski 05/16/2016 4:14PM
  So yours is all paid for then. Congrats!!!! -- HowieT3 05/16/2016 10:38AM
  Any more than they are now with Medicare? -- HowieT3 05/16/2016 11:22AM
  When I'm on the hook for everyone else's healthcare... -- BocaHoo91 05/16/2016 11:29AM
  Imagine if we treated auto insurance like health insurance -- MaizeAndBlueWahoo 05/16/2016 12:17PM
  Now you're talking sense ;) ** -- MaizeAndBlueWahoo 05/16/2016 3:45PM
  Good job! Missing the point entirely. ** -- Hoodafan 05/16/2016 10:57AM

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