Dang are we back to the years of the "Thanks Obama" I guess we truly live at the end of history and have no option but to rehash the classics, don't we ?
Sorry for the political comment but every time I see Tesla financials I think “this company should’ve failed in 2014 but-for those subsidies and ill-conceived carbon credits.”
And the only reason most domestic airlines, car manufacturers, and some of the largest financial institutions still exist is because of multiple bailouts. It's not like Tesla is unique in being helped by the government.
Indeed. If the government makes a habit of bailing out all the failures, eventually the system will be dominated by failures because they never get cleaned out.
Still doesn't imply that bailing out failures was a good idea though.
ACA was not intended to address costs. It was a compromise to expand access without threatening the insurance industry. A more comprehensive reform had just failed.
Let's think a lot more widely here: how many things in your life suddently got explosively more expensive over a decade. How many of those do you think would have not surged if it wasn't for [insert single thing here]?
It's the same logic people use to suppress minimum wage. But prices keep going up. Almost like that's not as big a factor as we thought.