The president wants you to get angry at private healthcare so that he can justify nationalizing that industry. He claims that costs are exorbitant without telling you why. The fact of the matter is that government is, as usual, culprit and accomplice to the very phenomenon they decry. Health care costs what it costs because the government doesn't keep its word.
Many companies in the area will not sell things to the university for which I work because of a phenomenon called Net 30 Day. This means that we don't even have to acknowledge billing for 30 days. In effect, this drags out our fiduciary obligations into the future. Companies supply products today, and we promise to pay them...eventually. They do get paid, at least so far, but they have to wait 60-90 days to get paid.
None of you would operate a business on that promisory note. However, healthcare is OBLIGATED to do so. When Medicare/Medicaid patients use hospital services, the Federal Government "promises to pay". The reality is that the government shorts and stiffs doctors and hospitals to the tune of millions of dollars every year, and they still don't have enough money to cover expenses.
The US Government does not make good on its debts. You may remember I pointed out that Carter Braxton's $10000 loan during the revolution remains as yet in accounts payable if they haven't written it off completely. They owe him $0.61 trillion or so today. The president wants us mad at the private sector and promises a salve. The problem is that if he won't keep his promise to doctors, why would he keep them to us?
1 comment:
I will fight tooth and nail to keep us out of a nationalised healthcare. On the surface it's attractive, but I've known enough people in that kind of situation(ie: Canada) that hate it and have shown me the million-and-one ways it is inferior to our current system.
One such individual lives in Ontario and had toothaches that incapacitated him on occasion. It took him 6 months to get in to a specialist that could help him. Even worse, by then, his teeth were beyond help and I think he's got about 8 teeth total at age 26.
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