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Economics 101
Unquestionably, President Obama is an accomplished orator and it was hard on the surface to fundamentally argue with things he said or championed yesterday evening.
Having said this though, when you start peeling back some of the layers of the various topics last night and in particular how all of this would be paid for, the words started ringing a bit hollow.
Unless the government somehow is able to freeze rates, any increased costs incurred by insurers, will simply be passed on. How does that not equate to same/less care for equal money at either a corporate or individual level? One does not have to be an economist to understand any of this.
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