Democrat economics
an excerpt from: http://news.yahoo.com/s/bloomberg/20091029/pl_bloomberg/az8rxqejqhbu
"Leaders are also planning fees on medical-device makers that will add up to $20 billion over 10 years, according to another congressional aide. The Senate has proposed $40 billion in fees on device makers, as well as levies on drugmakers and insurers."
So, to lower the cost of insurance, drugs, and medical treatment, Democrats propose billions in new TAXES on medical devices, drugs, and insurance. Now, how is that going to lower costs? You think those companies might pass those new fees on to their customers? Care to bet on that? If it weren't so serious it would be funny. But it is serious, and it is not funny. It's just another example of why insurance and medical care are so expensive currently: government regulations, fees, taxes, and policies that prevent competition, drive up costs, and limit choices. Government is not the solution, as usual it is the problem.
"Leaders are also planning fees on medical-device makers that will add up to $20 billion over 10 years, according to another congressional aide. The Senate has proposed $40 billion in fees on device makers, as well as levies on drugmakers and insurers."
So, to lower the cost of insurance, drugs, and medical treatment, Democrats propose billions in new TAXES on medical devices, drugs, and insurance. Now, how is that going to lower costs? You think those companies might pass those new fees on to their customers? Care to bet on that? If it weren't so serious it would be funny. But it is serious, and it is not funny. It's just another example of why insurance and medical care are so expensive currently: government regulations, fees, taxes, and policies that prevent competition, drive up costs, and limit choices. Government is not the solution, as usual it is the problem.
