Tuesday, July 21, 2009

Mr. President, I knew John Galt. You are not John Galt!















A

Now that the wimpy RNC Chair Steele has said that Obama is a socialist, Mr. Obama got indignant saying that the time for "politics was over." Lives depend on this PLAN. That is the connection that Mr. Steele didn't press hard enough. Steele is correct Obama, Pelosi, Baby Geithner are archetypal socialist a la Hitler, Mussolini, Stalin. They believe they have the answers, thus debate is really irrelevant and irreverent. One only needs debate if one respects discussion, one does not discuss when the "answers/solutions are obvious." Thus all who disagree are sent to camps, or dismissed as politicians.


But simple economics will show B.O. and henchmen they are 100% (Democratic math 102%) wrong. In Graph A above one can see that when Supply (S) equals Demand (D), there is both equilibrium quantities and equilibrium prices. Though these prices and quantities are never stable the concept is easily seen by any high school econ student. If there is a balance all willing to pay EQ get EQ, those who want their money more keep it, those doctors/hospitals, etc who prefer to not provide health care for that amount, go fishing. Everyone is happy!! Everybody has what is most valuable for them $ or RX.


B

Looking at graph B, one sees the so-called price ceiling above which prices can't go. Health care providers will not provide enough unless at gunpoint, or some other fascist coercion for the number who are now going to demand it. Providers will provide Q1 while demanders want Q2. How do they (the infamous THEY) expect to close that gap? Force or shoddy health care. Doctors who almost pass med school will be the extra providers, thus we will get enough....Enough is sometimes too much.


Sometimes a picture tells a good story......just act Rod Stewart.






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