Submitted by David Kleykamp, Sep 24, 2007 05:58

Hillary may have some trouble selling her mandatory coverage to working young people, who traditionally enjoy taking risks and reckon their chances of needing health insurance are low. They may not like being forced to spend some of their money to buy insurance for their small families. More importantly, these are the people who typically cast their votes for the Democratic Party. Those without jobs and without insurance are not going to rush out and buy it, so it will be the general taxpayer who foots the bill for these people. It may be Hillary that needs insurance -- election insurance.

By the way, don't be fooled by the term "rising health care costs". It is health care prices that are rising and that is due to an enormous increase in demand. The market supply will become more elastic and prices will fall as time goes on ... just as Alfred Marshall taught us in 1890.

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