U.S. Stocks Retreat; Hospital Stocks Surge – WSJ.com

U.S. Stocks Retreat; Hospital Stocks Surge – WSJ.com.

As much as businesses complain about regulation, they actually love it. The cover story for regulation is consumer protection, but really most regulation thwarts competition resulting in fatter profits for the regulated and correspondingly higher costs for the consumer.

What the market is telling us is that the Affordable Care Act is going to be good for the hospitals’ bottom lines. It is said that your profits are my cost and guess who will be paying the costs here.

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