Saturday, March 25, 2006

Health Insurance part II

A reader of my last post asked me if I was insisting that insurance prices are artificially high, due to businesses paying for insurance for their employees. Im not sure what his definition of "artificially" would be, but I do lean towards answering "yes" to his question. The focus is not on insurance businesses....but on government. Ask anyone over 70 years of age if they remember "affordable health care". Almost every one will tell you they do. At the time of affordable health care there wasn't pressure on businesses to be responsible for paying the bill of their employees' health care. During the WWII era many companies offered "fringe benefits" such as health care to sway employees to work for them. The reason the businesses did so was because laws were passed preventing the businesses from offering more pay, so the businesses decided to offer health care instead.

Ask someone over 70 years of age if they noticed a difference in health care prices after government and businesses became involved in the health care industry. They'll answer "yes" for sure.

Friday, March 24, 2006

A simple solution,


Health insurance is very expensive. But there is a way to lower the prices almost over night; all that would need to happen is for all employers to drop health insurance coverage for their employees. Why? Because people would not be able to afford it and in order for the insurance companies to have customers they would have to lower their prices.
Good luck on getting people to support such an idea though; too many people think it is a great idea for businesses to be responsible for everyone's health.

Saturday, March 18, 2006

Clear your desk for a quiz

Take the time to do this quiz courtesy of Don Hagen. Click on the image below.

Some things you don't learn in school

When gasoline prices rise, do you think of it as a bad thing? Let me tell you what it really does. High gasoline prices tell oil companies "Hey....you can make a killing right now if you get in there and offer customers a cheaper price for their gasoline!" As a result gas prices drop.......now did you learn that in school?

Friday, March 10, 2006

Hang in there,


Sorry if you folks have been missing my wit; im busy these days as I approach my college graduation in May. I promise more posts are in the future. I want you all to know I'm still here and currently developing new ideas for this blog. Love you all and thanks for reading.-Josh

Saturday, March 04, 2006

A view of life,


Some people (probably most people) see the minimum wage law as a good thing; that tells us a lot about how econ-ignorant people are. My opinion is that such ignorance has more to do with a person's view of life than any other factor. Minimum wage supporters say that the law "helps the poor", but it has been proven many times that minimum wage laws raise unemployment among poor people. The people who continue to support minimum wage after the facts have shown how it hurts the poor, do so because of their view of life. Their view of life is that emotions (pitying the poor) are more important than truth.

Thursday, March 02, 2006

What is fair? / What is right?

Capitalism teaches us that it's important to do what is right, not what is fair. If you don't do what is right, you can spend an entire day doing what is fair and make no progress. Universal health care may be fair, but it isn't right. (of course it isn't fair either if you understand how our tax system works) Give this simple truth some thought and you will begin to adopt a Capitalist mindset.