This wonderful article, Health Care Mythology (also posted and linked here), should help people understand all of the points about the Health Care debate currently happening in Congress. There are several Myths, things that everyone just KNOWS are true. In this article, Mr. Asness points out how each of these several views is flawed.
One notion he keeps mentioning, one which has not received a lot of attention, is how the United States is currently absorbing the cost of invention for much of the world. The explicit example he provides is related to Canada and their "cheap drugs." Now, if someone else is paying part of your costs, is the real total cost of the product cheap? No
Read the entire article to help dispell the myths foisted on us by our Left leaning Congress and their helpers, the Mass Media.
Hat Tip - Crossfit
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