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by johnqian
1520 days ago
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Whether it be healthcare, housing, or education, the government always responds to rising costs by subsidizing demand rather than helping increase supply or fix incentive structures. Really frustrating but almost inevitable because subsidizing demand is the one "solution" that sounds good to almost everyone involved. The suppliers make more money, some consumers benefit short-term, few understand that this just drives prices up further. Anyone have ideas on ways this cycle could end? (I realize this article isn't what it seems, but I'm still taking the opportunity to discuss this issue) |
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