I say it’s the opposite. Given that markets distribute more reliably and equitably than any other system including direct redistribution of goods and services, it should be considered more heinous to distort markets around things we need.
Healthcare and education are two markets that have been royally fucked (in terms of access to affordable options for poor people) by government attempts to do the opposite. We decide something’s too important to leave open, so we start dumping money into aid programs, and prices absolutely skyrocket.
Oh and housing too. Dems were talking about offering up to $X of down payment assistance on houses. Provide buyers with government money to help them buy this thing we’ve decided people cannot be without. Same thing we’ve been doing for decades in education and healthcare. Same thing that has driven both those markets into ridiculously high prices, and created massive ranks for debtors from the lower class in both of those.
Subsidized demand drives prices up. It closes the door to market access for lower income individuals and forces them to use the government assistance to get access.
I say it’s the opposite. Given that markets distribute more reliably and equitably than any other system including direct redistribution of goods and services, it should be considered more heinous to distort markets around things we need.
Healthcare and education are two markets that have been royally fucked (in terms of access to affordable options for poor people) by government attempts to do the opposite. We decide something’s too important to leave open, so we start dumping money into aid programs, and prices absolutely skyrocket.
Oh and housing too. Dems were talking about offering up to $X of down payment assistance on houses. Provide buyers with government money to help them buy this thing we’ve decided people cannot be without. Same thing we’ve been doing for decades in education and healthcare. Same thing that has driven both those markets into ridiculously high prices, and created massive ranks for debtors from the lower class in both of those.
Subsidized demand drives prices up. It closes the door to market access for lower income individuals and forces them to use the government assistance to get access.