The White House opposes health insurance competition across state lines

September 28, 2009 by Steve Schultz @GeniusbyOsmosis · 1 Comment
Filed under: News

Interview with David Axelrod at CNN.com as he stumbles over and over trying to explain why the truth is wrong.

Simple economics here. If you increase competition prices go down. It doesn’t matter what industry it is. The White House and most Congressional Democrats, and even some Republicans for that matter, NEED to understand the simplicity of this situation. If we break down the state barriers than prices will decrease, guaranteed. Any industry where companies are competing in price their products become more affordable. Sure, you can argue that the large insurance companies will create an oligopoly on insurance but it won’t work. Higher prices will enable entrepreneurs to enter the field and will allow those smaller companies to grow with lower prices. It doesn’t matter which way you look at it. By simply breaking down these barriers you are opening up a whole new world of cheaper health care and higher quality health care. Let’s ask President Obama WHY he’s against an obviously simple solution, and if you don’t agree it’s a solution it’s definitely a better starting point then any other proposal.