Aug. 22 (Bloomberg) -- Health care and education pose the
same basic threat to the economy: How do you keep costs down for
a product that consumers must purchase?
Saying “no,” after all, is how consumers typically
restrain costs. If Best Buy Co. wants to charge you too much for
a television, you can walk out. You might want a television, but
you don’t actually need one. That gives you the upper hand. When
push comes to shove, producers need to meet the demands of
consumers.
