Saturday, July 19, 2008

Elizabeth Edwards:, Smug , Self-Righteous, and Wrong

Elizabeth Edwards was on the Colbert show touting universal healthcare and claiming its not socialized medicine. She blames the "free market system" for the state of healthcare. On to gas, she smugly says:

"Thanks to a free market system, we have $4 gas." Then she says that it will soon be $5 and $6.

While the problems in healthcare are too complex to expand on here, Edwards blames the free market for high gas, yet it is her own party which is artificially restricting supply. In the real free market, as the price of gas rose to $4/gallon, investors would want to drill to increase supply in order to make a profit. As a result the price would come down. However, the Democrats prevent additional supply via laws against drilling.

That's completely unfair.

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