Revolution 2.0

Summary If you think that healthcare and higher education are expensive now, wait until they are free. When people pay for goods or services with their own money, they are price sensitive, and shop carefully, balancing their needs and wants with what those things cost. When they shop for the same goods or services with taxpayer money, price sensitivity is replaced by the simple desire to have what they want. Healthcare and college costs are soaring far faster than inflation for just these reasons. For the next 10 minutes, we will unpack what that means for the future of our Republic. Transcript If you think that healthcare and higher education are expensive now, wait until they are free. When people pay for goods or services with their own money, they are price sensitive, and shop carefully, balancing their needs and wants with what those things cost. When they shop for the same goods or services with taxpayer money, price sensitivity is replaced by the simple desire to have what they want. Healthcare a