- Gottalovec4
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- Noble Legendary Member
About me: I am a vicious wolf of a man.
But really am sweet at heart. =)
Posted by: Telec
Posted by: Distant Dawn
Explain, because based on economics, it's not a very wise decision.I am very nearly at the end of a college degree in Economics. Explain why Economics dictates that socialised healthcare is a bad thing, and then rationalise that against the empirical realities of healthcare quality in the US (both raw and per $ spent) compared to other countries which have socialised systems (just so you know, US healthcare provision is empirically worse)
Because the current reason why costs are so rediculously high in the US is that over regulation in the markets is driving up price, the most major cause being that insurance companies can't trade over state lines.
This in turn means that companies have far less competition, and as such, less customers, and much raise prices in order to gain enough revenue to stay in business.
Meanwhile, if a government run health program goes into effect, they don't have to deal with their insane regulation, because they invented it, and as such can easily under sell any private insurance or healthcare company. Thus, people go to the fed instead of a private company, which then goes out of business, or faces severe losses in revenue, and must either shut down, or fire a large amount of it's workers, leading to rapid increases in unemployment.
Effectively, it kills the private market.
So, the government over regulates something, driving up cost, then decides the only way to fix the over regulation is to regulate the over regulation.
Oh, and finally! Since we're $16 trillion in debt and have no money in the budget for such a plan, the only solution is to take $600 billion from the Medicare budget (not that the money was there in the first place). Meaning that the money that was supposed to pay for Grandma's knee replacement will be going to pay for the crack head's visit to the ER because he cut himself on a beer bottle. Great.
What kills the idea of socialized healthcare is that if the government would step back instead of raising predatory regulation, companies would have lower costs of care and more people could be insured. Believe it or not, corporations and companies are not evil fat cats who would run over their own parents for a dime. In fact, companies thrive on something called "reputation". If a company has a bad one, people won't buy stuff from them.
Companies would LOVE to adopt plans of people with pre-existing conditions, companies would love to pay 100% of someone's medical bill, it leads to good publicity. Unfortunately, they can't, because Uncle Sam is charging them so much for even existing.
And funnily enough, this is the FEDERAL GOVERNMENT we're talking about here. Tried to file your income taxes lately? We really want the same group that recently filed a Report about Reports about Reports handling your health care? Really? How is this better and more efficient than letting people with DEGREES in business do it?
If you answered yes, then fine, whatever, I give up.