Brian Doherty | March 17, 2005
In case you've forgotten amid all this "reform Social Security" hubbub, Medicare is in even more trouble, and sooner. USA Today does a quick survey of the grim landscape:
The National Health program for Americans 65 and older faces all the demographic difficulties that have made Social Security the president's No. 1 domestic priority: aging baby boomers, fewer workers paying taxes in the future, and a system that will soon be unable to deliver on its promises. Social Security's fiscal problems escalate in about 2018, when it is projected to begin paying out more in benefits than it receives in taxes; Medicare reached that milestone last year.
......
The daunting job of fixing the seniors' health care program was underscored last month by Federal Reserve Chairman Alan Greenspan, who told a Senate panel that Medicare is "several multiples more difficult than is Social Security."
......
"Social Security is solvable," says Sen. Lindsey Graham, R-S.C., who's trying to bring together Republicans and Democrats for a plan that includes new private investment accounts. "I just don't know how to do Medicare."More than 41 million Americans depend on Medicare to pay for doctors' visits and hospital bills. Beginning next year, it will cover part of their prescription-drug bills as well. The program's $325 billion cost is dwarfed by the $517 billion spent on Social Security. But Medicare is projected to grow by 9% a year through 2015, while Social Security's annual growth rate is estimated at 5.6%.
The article, worth reading in its entirety, goes on to briefly discuss some possible cost-cutting measures, and explain why they are all more or less politically impossible right now. Oh well, like all things that can't go on forever, this system will inevitably stop. How, when, and what will replace it, as the cliched news anchors say, remains to be seen--though a shift away from so much third party payment, and its concomitant cost explosion, is doubtless inevitable, somehow, someway.
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Medicare reform will be tackled as part of a comprehensive health care reform that will happen soon as costs continue to skyrocket and more and more people lose coverage. It will be changed as a universal health care model is proposed and implemented at some point in the next 10 years. Probably after the 2008 election when the Democrats will come to power partially on this issue due to the increasing health care crisis.
I don't know, truth, the line "do you want your health care decisions made by bureaucrats" is a pretty powerful argument for somebody enjoying the free market glories of an HMO.
truth:I shutter at the thoughts of what kind of medical system Hilliary Clinton will put us under.Medicare is in trouble no doubt! But rather than a new system maye the answer is to figure out why it is in trouble. One thing is the scams by med professionals. Another is current tort laws. For example I am being scheduled for some high priced heart tests. The doc admitted that although he believed the tests were needed he wanted to be sure that they were done so if I croaked my wife wouldn't have a law suit against him. Now, I understand that logic and appreciate his candor. But, how many tests are run and billed to medicare that are only becuase of this reason. ( I am not under medicare, I have a HMO that is pretty damn particular in what they will pay for.)
It will be changed as a universal health care model is
proposed and implemented at some point in the next 10
years.
And the gov't's track record on this issue is so good, isn't
it?
Oh, wait, I just noticed you didn't actually say they'd solve
anything, they'll just pass another law.
While people may whine about HMOs, believing that government management will be superior to HMO management is a hallucination worthy of Timothy Leary.
As much as libertine-arians may hate to admit it, people need to get healthier. This may have to be done by increasing no smoking laws and taxing juck food. It seems so anti-liberty, but the fact is, many people are too stupid to take good care of themselves and they really do need to be forced to live healthfully. I agree, a person with means should be able to do whatever he likes, assuming he can pay for his medical bills. The reality is that the poorest people live the least healthy lifestyles, as a rule, and we're all going to be paying for their bad decisions unless we force them to make better ones (via taxes and laws).
That's an odd thing to say, MP, since people in Medicare report
higher rates of satisfaction than people with private insurance,
and people in VA hospitals - government-owned and opperated
hospitals staffed by government employees - report higher
satisfaction than people in private hospitals.
No no, joe, that can't possibly be true. Everything the government
does is inferior to the private sector. In the name of Reagan,
Rand, and the Invisible Hand Amen.
Well, sorry. http://www.slate.com/id/2114554
Andy wrote:
"As much as libertine-arians may hate to admit it, people need to
get healthier. This may have to be done by increasing no smoking
laws and taxing juck food. It seems so anti-liberty, but the fact
is, many people are too stupid to take good care of themselves and
they really do need to be forced to live healthfully."
Wouldn't that just exacerbate the problem with Medicare and SS? If
we discourage smoking, alcohol abuse, gluttony and sloth, people
might live longer and drain the system. More alcohol, tobacco,
firearms, etc. will help people live happier albeit shorter lives
and reduce the burden on Medicare and SS.
"....enjoying the free market glories of an HMO."
"Free Market" HMO's? Was that supposed to be joke, joe?
don't forget medicaid either...
http://www.wachovia.com/ws/econ/view/0,,2349,00.pdf
AP: The Senate voted 52-48 to strip all proposed Medicaid cuts from
next year's budget, killing the heart of the plan's deficit
reduction and dealing a setback to Bush.
http://www.bloomberg.com/apps/news?pid=10000103&sid=av0O6QCEOyLM
I think corporations would love to unload the costs of providing health insurance onto the federal gubmit. I wonder what's taking so long?
You know, the "Universal Health Care will make you wait a year
for your CAT Scan like in Canada" line just doesn't really
scare you after noting that, sure enough, HMO's make you
wait that long -- or longer -- already.
You might as well make your peace with it. Universal health care is
coming. Save up and buy the nice private add-ons the free market is
bound to throw up if you don't like it.
There's no stopping, especially once business gets behind it.
Healthcare is a major outlay for businesses, and they're stuck
competeing with foreign firms that -- you guessed it -- don't have
to pay for healthcare.
It can't be any frickin' worse than Aetna, that's for sure.
Has any persons or organizations actually done a study on the
projected cost of nationalized catastrophic health insurance mixed
with directly paid fee-for-services versus the cost of the current
system of partially socialized, partially privatized, employer
partly-provided HMO, PPO clusterfuck of a system?
Also, regarding Joe's link, I wonder what the cost per patient at
the VA is versus at a private hospital. I'll admit to being
surprised at the story - most vets I've talked to loathed the
VA.
Vache folle, the problem with your theory is that the reduction in lifespan from unhealthy lifestyle doesn't work out to having the same working life, followed by a shorter retirement. The 20 years taken of an obese, alcoholic smoker's life could just as well mean he's forced into retirement by 45, and is a patient for 10 years. His health care costs are going to be higher than the average for each year of his working life, and his working life is likely to be shorter.
"Wouldn't that just exacerbate the problem with Medicare and SS?
If we discourage smoking, alcohol abuse, gluttony and sloth, people
might live longer and drain the system. More alcohol, tobacco,
firearms, etc. will help people live happier albeit shorter lives
and reduce the burden on Medicare and SS."
Hard to say. I think that, all things considered, the longer people
are alive and healthy the more productivity a society has. I'm not
sure the per capita spending on health care would be reduced in
your scenario, but productivity certainly would. People would just
die at 66 in bad shape after having been sick for years, whereas in
my situation they die at 96 after being sick a few years, but
having produced a lot more.
Weather or not the private sector will produce more efficient coverage on average is irrelevant. Health coverage is and should be a right and therefore must be universally available. Surely you wouldn't accept an argument such as "private security companies provide more efficient and better protection" as reason to dissolve the police. Libertarians spend so much time pointing out when the state steps beyond its bounds that we forget there are areas the government legitimately (even from a libertarian perspective) should be involved in.
joe, I don't doubt that Medicare satisfies a lot of its
customers. Spending without regard to economic realities usually
does satisfy the recipients.
The problem is that it can't continue forever.
Yeah, people love the quality of service at the town run nursing
home where I live. They say it is superior to all of the other
facilities in the area. Too bad the labor costs are 25% more than
the other facilities and that there has been hardly any investment
in capital improvements over the last 20 years...to the extent that
now the solution is tear down and build a new facility.
Management is not simply about making people feel as though you are
doing a good job. Cost control is a key factor when evaluating
management competence.
You might as well make your peace with it. Universal health
care is coming.
There's no stopping, especially once business gets behind
it.
You're probably right. GM is on the verge of Chapter 11, and its
major expense is healthcare. Something like 2 retirees receiving
benefits for every current employee.
That sounds like an incentive for a govt takeover. The Repuglikans
will vote to help the shareholders and the Dimmycraps will vote to
help the workers (and the shareholders too, they just won't admit
it).
Ah, the smell of bipartisanSHIT.
The problem is that it can't continue forever.
Of course it can, thoreau. We'll grow into it. joe said so. It'll
work for Social Security too.
And all the kiddies will have ponies.
DAVID LEVY: '--health care should be a right--'
Says who and where and why? Any right to health care includes the
right for you to pay for it--not society. It is bad enough that we
pay out the nose for health insurance which actually subsidizes
those who have made poor health choices over a lifetime, ie,
smokers, over-endulgers of alcohol and drugs, and
otherwisedangerous lifestyles. But, that is what insurance is all
about, sharing the risks. But a right to medical care? Show it to
me in the constitution. This sounds like some of John Kerry's
propaganda. I suppose if a lie is told often enough it will become
a fact?
Guyk, how would that be? Most people die from their bad choices after they've already reached the reproductive age and had a chance to bear children.
Another way of saying "health care should be a right" is "the
field of medicine is best thought of, and achieves its greatest
success as, a public service (like the military, police, or trash
pickup), rather than as a for-profit service (like car washes or
housepainting).
The basic moral idea here is that people's lives, health, well
being, their bodily integrity, trump financial considerations. If
you have a choice of Mary dying and John being a little wealthier,
or Mary being saved and John being a little poorer, the ethically
superior choice is obvious. Yeah, John can't get the leather seats.
OTOH, Mary's kids will still have a mother. Not really that
difficult.
The basic systemic argument is that the imbalance of power between
the providers and consumers of medical services, the low level of
knowledge patients have about the field of medicine, and the
pshchological distress and gun-to-your-kids-head compulsion under
which medical decisions are often made, prevent the provision of
health services from being subject to the dynamics that keep making
the price of VCRs go down.
Last week's issue of (Even) The New Republic contains a lengthy
piece that makes this case far better than I ever could. It would
be interesting to see Reason respond to that.
the ethically superior choice is obvious
I submit to you that it is not obvious, but that's a debate I don't
really want to get into at this time.
Regardless, the systemic issues are a challenge, although I don't
see universal coverage as being the panacea that solves this
challenge.
Thanks for the tip on the TNR article.
Andy and Joe,
Thanks for considering my theory about encouraging life shortening
choices as a solution to the Medicare/SS crisis. Your points about
overall costs increasing are well taken; however, in the scenario
with the fat smoker who becomes disabled at 45, wouldn't he and his
employer bear the costs of his care and lower productivity? Also,
even if per capita health care costs go up, these would not be
socialized but would be borne by individuals and their employers
and families. Finally, if someone retires at 65 and lives to be 95,
but does no work, how can he be said to be "productive". I am not
slamming old people (I'm just curious) other than, as Homer S.
would say, "those mooching war widows".
Another way of saying "health care should be a right" is
"the field of medicine is best thought of, and achieves its
greatest success as, a public service (like the military, police,
or trash pickup), rather than as a for-profit service (like car
washes or housepainting).
And both are pretty much nothing but unfounded
assertions.
Pretty much on the same level as:
"Jesus loves me, this I know,
For the Bible tells me so...."
The problem is that it can't continue
forever.
Of course it can, thoreau. We'll grow into it. joe said so.
It'll work for Social Security too.
I thought the inexorable march of progress argument was the
Libertarian side. "Don't worry about global warming, we'll invent
some new tech that'll fix it!" "Don't worry about social security,
invest in the never-a-down-decade stock market!"
"And both are pretty much nothing but unfounded
assertions."
Uh, no, the former is a statement of values.
Only my statement is an assertion, and it's not unfounded.
There is only so much money to be spent on health care. It
doesn't matter who the payor is. Sooner or later, you run into the
situation where 100% of the economy is spent on health care, and
then not a single additional cent can be spent. It doesn't matter
that a new headache can be cured by a simple aspirin, because there
are no more resources to spend on aspirin.
Currently, medical care is extending the lives of people who would
have died years earlier. Unfortunately, extending the lives of the
unhealthy is an exponential cost. Each additional increase in
longevity is much more expensive than the previous increase. Adding
1 month to a sick person might cost just $10, and is easily
afforded. But adding a second month is another $20, not $10. And
the third month is $40. Pretty soon, we reach a point where the
cost to extend life is impossibly expensive. At some point, we have
to tell people they can't live forever. This will happen regardless
of how health care is financed.
We need to make people aware that there is a limit to the amount of
money that can be spent on health care. Once the limit is reached,
you gonna die. It's cold, but it is reality.
joe
Repetition may emphasize, it does not prove.
Since when do your "values" bind me?
Another way of saying "getting plenty of good food should be
a right" is "the field of agriculture is best thought of, and
achieves its greatest success as, a public service (like the
military, police, or trash pickup), rather than as a for-profit
service (like car washes or housepainting).
Joseph Stalin
NOTHING is more important to our collective health and
well-being than the food we eat, and yet we leave a great deal of
this critical industry in the hands of CORPORATIONS exploiting the
hungy for profit. And look where it's gotten us!!
It is time for the government to take over, and streamline, the
oh-so important food delivery system in this country.
Not to spoil your fun Trey, but those are huge,
politically-connected corportations that would likely not exist in
a free market.
To an extent, government has taken over and "streamlined" the food
market through billions in farm subsidies given to these
corporations at the expense of smaller, non-politically connected
farmers.
Joe-
Calling access to health care a "right" does nothing to resolve the
cost or problems associated with health care. It may or may not be
true, but its a moot point. The delivery of medical services is
inherently a limited commodity. Simply calling it a "right" and
saying everyone should be allocated health care equally does not
make it so. Nor can health care be seperated from economic concerns
- as long as health care cannot be provided for free and reasources
are limited, there will always be an opportunity cost associated
with the provision of health care, whether the payer is an
employer, the government, or the individual. We could conceivably
live in a world where everyone at any given time is provided the
maximum level of health care conceivably poissible - but what would
we have to give up to acheive that world? Probably a lot more than
luxury goods and SUV's...
The question, then, is how best to allocate the limited resources
to maximize both need and, presumably, equality. More important -
how best to acheive the most efficient allocation of a scarce
resource. One can endlessly debate if that should be government or
the private sector, but saying health care should be liberated from
economic factors basically means nothing.
andy: "The reality is that the poorest people live the least
healthy lifestyles, as a rule, and we're all going to be paying for
their bad decisions unless we force them to make better ones (via
taxes and laws)."
A rather totalitarian sentiment. The problem is not that they make
bad decisions; the problem is trying to force other people to pay
for those "bad" decisions. And who decides what a "bad" decision is
anyway? Are you so sure that all your decisions will stand up to my
scrutiny? Maybe I should be able to force you to make better
decisions in some aspect of your life.
Matt, it's not perfect, but the whole system is pretty private.
Not private enough, of course, all those subsidies, etc. are
bullshit!
Also, I was thinking more of the downstream end of the channel -
restaurants and grocery stores.
I meant streamlining as in how our government tries to keep
healthcare costs down by limiting our choices.
In the end, consumers rule when it comes to food; that's why we
have more food than we know what to do with. If only we treated
healthcare the same way.
dlc-
No the primary question is weather or not people have a right to
health care. I don't think anyone thinks we have a right to DVD
players therefore it would not be necessary for the government to
create equality of DVD ownership even if only the richest could
afford them. If there is no inherent right to health care then
there is no need for equal access.
If on the other hand we do believe that everyone deserves health
care then we need to deal with the issues of distribution. Even
assuming such a right does not automatically mean socializing the
system is the best solution but it does mean the state has a duty
to affect some kind of solution. There would be no duty if the
right didn't exist and therefore the issue of distribution
(privatization or socialization or some mixture) presupposes the
issue of rights.
Trey-
Actually food is a perfect example. I do believe that people have a
right not to starve to death and yet this does not mean a
government controlled system. In fact we leave food production and
distribution to a largely free market (the subsidies are
unfortunate) but the government still steps in with food stamps and
other programs to insure that no one starves. If the number of
people starving to death in this country was anywhere near the
number of people dying for lack of adequate health care then I'm
sure we'd have different opinions of the role of government in food
production.
The point remains that deciding weather or not people have a right
to health care precedes the issue of distribution and yet claiming
that there is a right does not mean the answer to solving
distribution is complete socialization.
"If you have a choice of Mary dying and John being a little
wealthier, or Mary being saved and John being a little poorer, the
ethically superior choice is obvious."
Yes, if you are John, the choice seems pretty obvious. If I can
save Mary by giving up my leather seats, then of course I'll do it.
Deciding to save someone by giving up something of yours is indeed
noble and to be encouraged. Saving someone by taking from someone
else is not so ethically clear to me (for the sake of proper
attribution, I think it was Walter Williams that made the point:
reaching into your own pocket to help someone is noble, reaching
into someone else's is theft).
Comparing health care to defense or police or trash (which is
privatized in my neighborhood) assumes the reason those are public
goods is some inherent value in the service. That is not the case.
The justification for making those public is some problem such as
the difficulty in properly assessing costs to each individual
and/or free-rider problems. Do I consume more defense or police
protection than my neighbor? Perhaps, and to the extent we can make
those distinctions in an efficient manner we should try to achieve
a better fit between consumer and cost bearer. Such is the case
with gas taxes as a proxy for road user fees. In these large scale
activities no system is likely to be perfect, and in defense or
police, it may be impossible to do at all (though if you support a
progressive income tax you could make the case the more income you
have the more you benefit from its defense but that's another
issue). In the case of healthcare, however, there is no problem
assessing the cost to the user. It is certainly unfair that perhaps
Mary got cancer, but that is not an argument for forcing John to
pay for it at gunpoint if he prefers not to.
The point is that something's value is not an argument for making
it public. That argument needs to come from some failure of the
market (and saying "I don't get as much health care as I'd like"
doesn't count as a market failure - we'd all like more and better
everything, but that is why markets exist, to allocate scarce
resources in an efficient manner)
Trey:
I gotcha. I didn't mean to imply you supported subsidies.
David Levy:
Do I have a right to be left alone? Or does satisfaction of your
needs (whether it be health care, food, education, et.) trumph my
right to decide how to allocate my resources as I see fit?
Matt-
Unless you're an anarchist then no you don't have an absolute right
to be left alone. The state has a right to force you to pay for
certian services like military and police protection. The argument
here is not weather or not such a category of services exist (at
least I don't think anyone is arguing such a thing) but simply
weather or not health care falls under that heading.
Some of the responses here remind me of why my Dad says, on
occasion, that some Republican, and libertarians, are just plain
selfish.
Make all the logical, Ayn Rand, "its my stuff I bought it"
arguments you like. But humans have compassion, and we help each
other. Spend a few years with no health insurance and get a serious
illness, and you'll be wishing someone could help you.
This does not mean, neccesarily, that a huge, inefficient, poorly
run system of socialized medicine is the answer to keeping people
well. But leaving health care to the "free market" is not an
effective way of providing coverage for all. Exhibit A: the vaccine
shortage.
green: "...some Republican, and libertarians, are just plain
selfish.
Make all the logical, Ayn Rand, "its my stuff I bought it"
arguments you like. But humans have compassion, and we help each
other."
I think selfishness knows no political bounds - plenty of selfish
democrats around. As for compassion, yes, we do need it, but being
compassionate is a personal decision. It isn't compassion when you
take from someone who you deem is being insufficiently
compassionate. We should encourage people to help others, but
forcing them to at gunpoint is not the same thing, and is hardly
compassionate.
Green: being selfish is not the point. Humans are compassionate
and have a tendacy to give until it hurts. But, the same ones of us
who will give until it hurts also get angry at forced income
redistribution for any purpose. Taxes for security and
infa-structure are neccessary. Taxes for income redistribution are
legalized extortion.
Ask me to help someone and there is a good chance that I will
comply. Put a gun to my head and try to force me to help someone
and I will fight back.
The state has a right to force you to pay for certian
services like military and police protection.
The state has no right (natural or otherwise) to do this. The state
was granted the authority to do this by the citizenry.
You do not have a "right not to starve to death". What you do have
is a natural right not to be forcefully deprived from the ability
to be self-sufficient. Because food is in abudance in our society,
we normally find it very discomforting when someone is reduced to
such a level that they can't even feed themselves. Thus, there is a
very high level of agreement across political boundaries that
providing at least a minimal amount of welfare to keep someone from
starving is a good thing. But this in no way implies a right. If
someone were to come up to me and say "I don't want to work, but
you must feed me anyhow", I wouldn't hesitate in telling them to
f*ck off and feeling morally just in doing so.
It annoys me to no end to see the word "right" tossed around like
so much verbal fodder.
David Levy-
I don't neccesarily disagree with you, but its still not the point.
Even if every last person in the county agreed that a) health care
was a "right" and b)government had a duty to find a solution, we'd
still be arguing over the best methods to acheive the best outcomes
(which you acknowledge in your response). Since this is basically
what we are doing know, why have a spurrious argument over rights,
which is a tricky enough issue in its own right? I think even a
libertarian could acknowledge a 'right' to health care, and then
say the best way for people to have this right protected is to
[have the government] find market-based ways to improve the
system.
Green-
The "vaccine shortage" is most certainly not Exhibit A. For one,
there did not end up actually being a shortage and, even if there
was to be one, it was largely a result of regulation.
http://www.boston.com/news/globe/health_science/articles/2005/02/09/us_flu_vaccines_shortage_ends_in_an_oversupply/
I particular like the quote about "what one would like to do is
match supply and demand, and that's not possible under the current
system." Well sure, the solution is called the MARKET. It works
well for those tricky supply-demand problems.
MP-
Excuse me but I am in no way "tossing" the word around. You're the
one confusing the notion of rights with popular consent. Your
account of where a state derives its legitimacy is a half truth at
best. Yes the citizenry grants a government the right to govern but
the very act of governing is to trample on the wishes of others. If
you only had government make laws upon which there is unanimous
consent what would be the point. Therefore in addition to popular
consent we require a notion of rights that determine when the
coercive power of the government is legitimate. Democracy creates
particular laws but rights determine the scope of possible
laws.
dlc-
Based on some of the other posts I don't think there is much
agreement as to the "right" hood of healt care. The argument is not
spurious beceause it changes the nature of the means debate in a
subtle but profound way. If you beleive that healt care is a right
then you'll necesarily be willing to sacrifice efficiency for
universality. If not, well then you won't be.
David Levy has a right to medical services. I may not block
David's entrance to a clinic. Once inside the clinic, David must
make arrangements with the staff to pay for medical services. If he
is upset with the costs, he may not pull a gun and rob me to pay
his medical bills. If he and a majority of voters choose to have
the government take money from me at gunpoint to pay David's
medical bills, then democracy has been committed.
David, you are not arguing for a right to medical services, your
argument is for forcing someone else to pay your medical bills. You
are selfish.
David-
What you don't get about this argument is the idea that efficiency
is a quicker path to fairness than supposed "universality." Not all
people need health care equally; and things that are free tend to
be taken for granted. If health care is universal, it will become
devalued and debased, leading to a wholly unequal and often unfair
sitation. See Britian, Great for an example of a health care system
that is universal and equal, but not fair.
"Excuse me but I am in no way "tossing" the word around.
You're the one confusing the notion of rights with popular consent.
Your account of where a state derives its legitimacy is a half
truth at best. Yes the citizenry grants a government the right to
govern but the very act of governing is to trample on the wishes of
others. If you only had government make laws upon which there is
unanimous consent what would be the point. Therefore in addition to
popular consent we require a notion of rights that determine when
the coercive power of the government is legitimate. Democracy
creates particular laws but rights determine the scope of possible
laws." -David Levy
Eeeeeeeeeeek! Mental overload!
Must...Resist...Urge...To...Ague...Over...Definition...Of..."Rights"...
This is why after years of being a strong proponent of the
Lockean/natural rights/libertarian school of thought, I now find
myself drifting further and further into the David
Friedman/utilitarian/anarcho-capitalist school of thought. You can
talk for hours and hours about "rights", "democracy", "consent",
"laws", etc., etc., etc.
Now I just tend to advocate limiting the scope of the state (and
therefore increasing the scope of civil society) simply because
history has shown that doing so tends to make the greatest
percentage of people freer, healthier, happier, wealthier, etc.,
etc., etc.
"But leaving health care to the "free market" is not an
effective way of providing coverage for all." -green
Green:
Sheeeesh...What you are asking for is not possible. Dlc [comment
dated "March 17, 2005 06:09 PM"] already did far better job of
explaining this than I could [tipping my hat to dlc]. Yes we would
all love to have a health care system that is:
-100% fair
-Cheaper than dirt
-The highest quality
-etc...
But you can't make the sky purple by passing a law stating:
"henceforth the sky shall be purple". Economics are bound by
certain laws and forces (supply, demand, inflation, etc.) that are
as immutable, unpredictable and uncontrollable as the laws and
forces of nature (wind, gravity, the tides, etc.).
In order to make the laws of economics fit your wishes you would
first need to control those central dynamic forces which drive and
shape economies: Individual free will and human nature. I believe
the word for this is "SLAVERY"...
There can be only ONE valid long-term answer to Chairman Alan Greenspan Conundrum: The Activating Message for X-it & Security.
Yes, that's right, Spain, where they spend a lot less money per person, give it to a government-run medical system, and still kick our ass in measured outcomes.
Sounds great. I would jump on a plane headed to Spain today, but my tickets to the Reckless Kelly show are nonrefundable. As for kicking ass in measured outcomes, there are lies, damned lies and statistics. Did you hear about the statistician who drowned in a lake with a mean depth of thirty inches?
MP
30% Tax Rate just for Social Security
It's only 5% paid by the employee. 25% is paid by the employer.
Like, that's the same as free, isn't it? :)
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