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To: Oldeconomybuyer

It’s simple econ 101. Increase demand without increasing supply, and the price goes up until supply and demand reach equilibrium. If the increase in price does not increase supply, the increase keeps going until demand drops. Obamacare forbids a drop in demand, so the price increases are almost unlimited, until government forbids price increases, which will require rationing and result in black markets.


18 posted on 10/18/2013 5:21:52 AM PDT by Daveinyork (IER)
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To: Daveinyork
It’s simple econ 101. Increase demand without increasing supply, and the price goes up until supply and demand reach equilibrium. If the increase in price does not increase supply, the increase keeps going until demand drops. Obamacare forbids a drop in demand, so the price increases are almost unlimited, until government forbids price increases, which will require rationing and result in black markets.

Now add in illegals by the tens of millions...

24 posted on 10/18/2013 5:39:49 AM PDT by Paine in the Neck (Is John's moustache long enough YET?)
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