How the Government Ruined US Medical Care
Government’s meddling in the healthcare business has been disastrous from the get-go. Since 1910, when Republican William Taft gave in to the American Medical Association’s lobbying efforts, most administrations have passed new healthcare regulations. With each new law or set of new regulations, restrictions on the healthcare market went further, until, at some point in the 1980s, people began to notice the cost of healthcare had skyrocketed. This is not an accident. It’s by design. As regulators allowed special interests to help design policy, everything from medical education to drugs became dominated by virtual monopolies that wouldn’t have otherwise existed … Continue reading →
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