The recent debate in the House of Representatives pitted a House Republican economic plan against a plan proposed by the Democratic leadership. The central feature of the Republican plan was a dramatic cut in the capital gains tax rate.
The thesis of this book is simple: If we want to solve the nation’s health care crisis, we must apply the same common-sense principles to medical care that we apply to other goods and services. Health care is often said to be a necessity. However, there are other necessities such as food, clothing, housing and transportation. If we paid for any of these items the way we pay for health care, we would face a similar crisis. If we paid only 5 cents on the dollar for food, clothing, or housing, for example, costs would explode in each of those markets.