We often hear the benefit of a "market driven economy", as it
lets natural forces of the marketplace determine prices based
on the supply and demand of goods and services.
But, what we rarely hear about are the outside influences which
prevents these natural forces from performing as intended.
All it takes is close scrutiny to see the reduced purchasing
power of consumers and businesses due to this influence.
With all the discussion about the three fastest rising costs,
education, health care and housing I have yet to learn of each
being studied to see the driving factors behind the increases.
There are so many examples of how the "market driven economy"
is successful, yet these three costs seem to be immune to the
benefits it provides. Call them the "Top Three".
TV, computers and most electronic products are much less the
price they were ten years ago and provide more value.
Even autos, the second most expensive purchase most people make
provides greater value for the increased cost.
Not so the "Top Three".....and no offering of the reasons why!
The answer is right in front of us, the "top three" have been
excluded from market driven influence by the govt. which
intercedes at the expense of an unfettered marketplace.
I don't believe this intrusion is done to deliberately make the
costs of education, housing and health care higher, but it does.
Call it another example of "unintended consequences" by govt.
not determining impact of its actions.
Each regulation and new law creates a ripple effect in the market
place that I doubt is factored into the decision to impose them
on the public. But, they do.
Businesses know the additional cost to provide their goods and
services, and the public knows how much deeper they must
reach into their pockets but our govt. never acknowledges either.
It can be done, but who will explore and report, or better
evaluate how the "Top Three" can be brought down to a level
of affordability....without more govt. tinkering!
To be continued....
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"Point of View" blog
http://ajbruno14.blogspot.com/
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