Thursday, December 24, 2009

Government Controlled Healthcare

It is true that a country of such wealth should not have citizens choosing between food and medicine.  This is a travesty.

However, it is also true that the government bureacracy in charge of everything from the Arts to Medicare has not shown itself competent.  Does anyone seriously believe that turning over a third of the economy, on a matter of life and death, to the same government is the right thing to do?

Even if, for the sake of argument, that we accept the market has failed in healthcare, the course of action is to fix the market - improve information flows so consumer decisions are efficient - not throw it out entirely.

We know this. That the tax burden from the healthcare reform bill will slow perhaps even stall economic recovery by reducing private investments in capital formation.

No comments:

Post a Comment