In 2003 Obama was quoted as saying he wants single payer Health Care.

Ok if it is single payer, doesnt that mean it lacks competition?

Forget Democrat, and Republican left, right whatever.....


It was described by Adam Smith in The Wealth of Nations (1776) and later economists as allocating productive resources to their most highly-valued uses.[2] and encouraging efficiency. Later microeconomic theory distinguished between perfect competition and imperfect competition, concluding that with the no system of resource allocation is more efficient than perfect competition. Competition, according to the theory, causes commercial firms to develop new products, services and technologies, which would give consumers greater selection and better products. The greater selection typically causes lower prices for the products, compared to what the price would be if there was no competition (monopoly) or little competition (oligopoly).

Competition is best for US the consumer.

So if Competition will give us the best product (ie health care, cars, widgets) whatever...

Who is Single payer health care the best for? We know its not us!
Bong30 Reviewed by Bong30 on . Single Payer health Care In 2003 Obama was quoted as saying he wants single payer Health Care. Ok if it is single payer, doesnt that mean it lacks competition? Forget Democrat, and Republican left, right whatever..... It was described by Adam Smith in The Wealth of Nations (1776) and later economists as allocating productive resources to their most highly-valued uses. and encouraging efficiency. Later microeconomic theory distinguished between perfect competition and imperfect competition, concluding Rating: 5