Cost of Treatment Quotes
The economic law of supply and demand does not really operate in most of the health care system as most people cannot place an economic value on their life and/or health. If we need an appendectomy to prevent death from infection, we do not consider doing the operation for $5,000 but say that if the price were $25,000 we would prefer to die. We will pay whatever we have to. Existential issues do not lend themselves to economics.
This quotation is an example of a tautology—a statement that simply repeats itself using different words. Critics of the George W. Bush administration turn to this and other quotations to illustrate the shallowness of the key leaders. The statement provides no knowledge and is self evident to most people. And this came from the most sophisticated budget official of the administration.