A most excellent post! Insightful and profound.
Back when we were starting out and making very little in the way of an income visiting the family doctor never resulted in massive bills. We were also able to pay for my college ‘education’ without resorting to massive loans.
Government interference distorts price structures. One of the best examples of this was the housing boom in the early 2000’s which drove prices to absurd and unsustainable levels. Unfortunately political considerations will always trump economic rationality.
Perfect example!
Unfortunately political considerations will always trump economic rationality.
And all other rational considerations!