"WHY DOES GOVERNMENT HEALTHCARE LEAD TO RATIONING?
by Kevin Ryan
"I posted a video the BBC produced about how Britain's single-payer healthcare system has led to massive wait times and inadequate service, and several people responded that "that's normal".
The people who say "this is normal" don't understand economics.
In a market system, a huge, unmet demand for service (be it medical or anything else) draws providers in because it's an opportunity to earn money. Think about a town without a grocery store or a long stretch of road without a gas station.
These SHOULD be situations that providers flock to to make money.
But when the government manipulates a market via price controls or other interference, shortages or surpluses are the inevitable result, as any student of economics could tell you.
There are many ways of explaining this problem.
The attached graphic shows the basic economics explanation..."
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