Every Program Designed To Make It Affordable Made It More Expensive — The 100 Year Pattern

In 1965 the government launched Medicare to make healthcare affordable.
Healthcare now costs 18 percent of the entire American economy. Up from 5 percent before the program existed.
In 1965 the government launched student loans to make college affordable.
College now costs $40,000 a year. Up from $400 before the program existed.
In 1977 the government expanded housing programs to make homeownership affordable.
A home now costs 7 times the average annual salary. Up from 2 times before the expansion.
Same program. Same promise. Same result. Every single time.
The economist Milton Friedman documented exactly why this happens in 1962. More than 60 years ago. Washington read it. And kept doing it anyway.
Watch the full video to understand the one economic principle that explains 100 years of government programs making everything more expensive — and what you can actually do about it.
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Видео Every Program Designed To Make It Affordable Made It More Expensive — The 100 Year Pattern канала The CapitalArchivists