Note that "let's pay doctors less for doing all the same things they are currently doing" does not achieve this! It simply redistributes wealth from doctors to non-doctors. Nor does "let's pay less money for all the same pharmaceuticals", unless by doing so you hope to reduce the amount of drug R&D that takes place.
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Clement Attlee was not a good Prime Minister. Discuss.
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Originally posted by Kuciwalker View Post1) What article are you talking about?
2) This leaves me far better off than you. At least I'm not consistently wrong.
Also, I'm not consistently wrong either, I just don't always agree with your divine wisdom.
Why not? We observe people still hiring quacks and buying snake oil wherever the FDA hasn't cracked down.
psst: the FDA is a far bigger intrusion into the market than PPACA, and is the original death panel.
Regardless, I don't see the issue with Americans spending tons of money on worthless healthcare--it's their money to spend how they please. The problem is that they aren't spending their money, they're spending other people's money. I am okay with allowing people to buy worthless crap as long as it doesn't interfere with my ability to intelligently spend my money.
The main issue we have with the snake oil medicine is that medicare is paying for a lot of it. That's why we need vouchers--at the end of the day, we need to put a cap on how much someone is allowed to take from the government for medical care. What they decide to spend their allotment on doesn't matter to me--they will pay the consequences of their stupidity.If there is no sound in space, how come you can hear the lasers?
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Originally posted by Kuciwalker View PostLet's play the economics game. Look at the current production, distribution, and consumption of various medical goods and services. This appears to require a substantial fraction of our aggregate national productive capacity. You want it to be a smaller fraction. Since your plan isn't substantially based around increasing the denominator, you must want to reduce the numerator. You want us to produce and consume fewer medical goods and services. How do you plan to do so?
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Originally posted by Kuciwalker View PostWhy?“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"
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Originally posted by gribbler View PostI don't know, maybe medicare should look for things that aren't sufficiently cost effective and refuse to pay for them? If they already do this, then never mind.
"They could always pay for it themselves" - irrelevant. If they could pay for it themselves we wouldn't need Medicare, and if they could pay for it themselves this wouldn't achieve your goal of reducing the proportion of our total economic production allocated to healthcare anyway.
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Originally posted by Kuciwalker View PostBoom, that's a death panel!
"They could always pay for it themselves" - irrelevant. If they could pay for it themselves we wouldn't need Medicare, and if they could pay for it themselves this wouldn't achieve your goal of reducing the proportion of our total economic production allocated to healthcare anyway.
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Originally posted by Hauldren Collider View PostI don't see it as likely that the government would be much better at figuring out what is snake oil and what isn't, given the incredible amount of worthless garbage Congress insists on wasting our money on.
The FDA isn't exactly a marvelous organization, either. At least it isn't threatening to drive an entire industry bankrupt.
Note that this is very specifically a benefit of banning free trade in goods and services between consenting adults. This benefit comes about because left to their own devices people buy the wrong things.
Regardless, I don't see the issue with Americans spending tons of money on worthless healthcare--it's their money to spend how they please. The problem is that they aren't spending their money, they're spending other people's money. I am okay with allowing people to buy worthless crap as long as it doesn't interfere with my ability to intelligently spend my money.
The main issue we have with the snake oil medicine is that medicare is paying for a lot of it. That's why we need vouchers--at the end of the day, we need to put a cap on how much someone is allowed to take from the government for medical care.
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Originally posted by Kuciwalker View Post#109. You got very defensive when it was alleged that PPACA contained death panels.
Originally posted by gribbler View PostRight, could you provide a credible source that says Obamacare was at some point intended to tell private insurance companies what treatments they could cover?
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