no, it didn't cancel people's real private plans

government is absolutely not a reason healthcare is so expensive.

The wording is clumsy, but I get what people mean when they say it that way

I think libertarian types(like myself) do a bad PR job when we say it that way

it's just not true

Well what do you think about the FDA and the issue there of regulatory capture?

regulatory capture is a libertarian's dream

is it? I thought it was something libertarians are against

The U.S. health care cost crisis didn’t start until 1965. The government increased demand with the passage of Medicare and Medicaid while also restricting the supply of doctors and hospitals.

all the evils of regulatory capture would happen a thousandfold if those agencies did not exist

quite simply, no

1965 is when the generation that fought WWII started getting old

Are we sure though, during the PRogressive Era for example, cartelizing various industries is how we got most of these agencies to begin with

such as?

1906 pure food and drug act in FDA's case

the guy who was behind that was kind of nuts

Wiley

without the FDA we wouldnt know what was in our food and drugs

the free market could not operate without it

I can understand the reason fo rhaving a watchdog, but I think that attributes the wrong motives to the origins of som eof these agencies

who cares about the origins?

they all came around in the same 20 year window, the federal erserve included, trying to cartelize and become a corporatist state was the agenda

I do, because they are operating as intended

nonsense

these agencies are comprised of real people

not some shadowy cartels

plenty of good people work there, some are also in the revolving door with the drug companies

yes, I agree

i have a familial connection with the fda, i know they are good people

the solution to that is more regulation, not less

I can't ignore the revolving door and the politics and think nothing is wrong

yeah, I agree

it needs to be legislated out

well I will say 'reform', because some times the regulations are in the direction of LESS health

it's not as simple as 'more regulation' but i get what you mean

for example, with the fda, the issue of how they operate as a caretlization device to really hurt smaller firms is no joke

we need major lobbying reform- there is no question there

is that a 'more reuglation' issue?

or is it 'reform'? maybe needs a new title

exactly what the FDA should and shouldn't do is up for debate, absolutely

but typically what libertarians say is that it should not exist