Tuesday, November 20, 2012

On the Cover of TIME, November 25, 1991: The More Things Change.....


The cover story begins.   There are two kinds of prices in America today: regular prices and health- care prices. The first kind seems to follow some sensible laws of supply and demand. But America's medical bills are something else. They flow from a surreal world where science has lost connection with reality, where bureaucracy and paperwork have no limit, where a half-hour tonsillectomy costs what an average worker earns in three weeks. The prices, like the system that issues them, are out of control.

And I suppose the world of pro sports hasn't changed all that much either.

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