They may not be death panels, but they will have likely consequences:
‘The government purchases far more drugs than any other entity. So it can effectively dictate the price it will pay. Such price controls may seem like an effective way to cut spending–but they’ll actually reduce the supply of available drugs. Pharmaceutical firms will simply stop selling their wares if the government forces them to take a loss on every transaction.’
Also On This Site: Interview with Pipes at Reason: Still not a right: From If-Then Knots: Health Care Is Not A Right…But Then Neither Is Property?…A Few Health Care Links-03/18/2010…Peter Suderman At The WSJ: ‘Obamacare And The Medicaid Mess’…From KeithHennessey.Com: ‘How To Repeal Obamacare’
