John Stossel’s latest column from today covers much of the same issues that I blogged about last week. The column, titled “Congress Can’t Repeal Economics,” laments the fact that the new health-care ‘reform’ law attempts to ignore the basic realities of economics, leading to perhaps unintended, but predictable, consequences.
Here is an excerpt:
When Obamacare was debated, we free-market advocates insisted that no matter what the president promised, the laws of economics cannot be repealed. Our opponents in effect answered, “Yes, we can.” Well, Obamacare has barely started taking effect, and the evidence is already rolling in. I hate to say we told them so, but … we told them so. The laws of economics have struck back.
Read the column here.