TechCruch writes about the unintended consequences of industrial policy — how they've introduced financial instability in the past decade or more.
Given that Obamacare will aggregate one-sixth of the US economy under his control, I have to wonder what the boom/bust cycles to anticipate. My guess will be that in addition to some mild financial cycles (the trend will be relentlessly downward for the private sector taxes will spiral), we'll see industrial cycles: in hospital patient capacity, number of health care workers, drug availability, and even in healthcare studies enrollment.
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