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Originally Posted by Barry-xlovecam
"technology and medical advancement" cost money. |
I know. Are you insinuating people didn't make money back then? Are you insinuating technology and medical advancement wouldn't occur without the government? If you are, you're wrong. Government is generally one of the greatest inhibitors of advancement. Where there's a lack of competition in a marketplace, advancement / improvement aren't a necessity.
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Originally Posted by Barry-xlovecam
The economics of 1900 are irrelevant in 2013 -- it is not the same world today. |
Basic economic principles are timeless. Supply and demand for instance doesn't only apply "some time." It's fact.
Quote:
Originally Posted by Barry-xlovecam
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Lol. Do you know why there's such a significant increase in price? It's because of our fiat money system, the federal reserve printing presses, minimum wage laws, etc.. It's not because of this absurd idea that because things are more advanced, they must cost more, or whatever you're getting at.
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Originally Posted by Barry-xlovecam
One of my uncles died at 13 in 1930 from "barber's itch" a sort of boils that penicillin stops the infection that killed him.
Be glad today is not then ...
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Again, the lack of medical advancement has nothing to do with government intervention.