a reply to: deadlyhope
Make health insurance illegal. If healthcare was purely capitalist (forcing everyone to either pay out of pocket, or use credit) then the bubble would
pop. Yes there is a healthcare bubble, and it's huge.
Why should it cost 10's of thousands of dollars to do a surgery? Why do hospitals pay hundreds of thousands, sometimes millions, for pieces of
equipment? Why do doctors make so much damned money compared to other professions that require the same amount of time in college?
The reason a given surgery might cost $50,000 to perform, is because that cost is subsidized by insurance companies. No one actually pays that cost
out of pocket - that's the cost of a house and no one except the 1% could actually pay it. But the doctors perform expensive operations like this all
the time, and because no one questions this is exactly why healthcare is becoming more and more expensive all the time.
So eliminate the insurance companies. Now everyone pays out of pocket and no one can afford that operation anymore. What do the hospitals and doctors
do? They lower their prices to be more affordable or they go out of business. Yes if this happened many hospitals would go out of business, and many
doctors would lose their jobs. But after the bubble pops, the healthcare industry would readjust and eventually doctors would adapt. Affordable
hospitals would open, healthcare would become cheaper, in time things would get better.
Any attempt to "solve" our healthcare problem without popping the bubble is just staving off the inevitable and making things worse than it has to
All insurance does this by the way. Auto insurance makes cars more expensive. We didn't need all these stupid safety features 50 years ago (anti-lock
brakes, airbags, electronic control) so why do we need them today? We don't. In fact, I would like to buy a new purely mechanical car. One that could
survive an EMP blast and keep working like a charm, but they don't make mechanical cars anymore.
Go over to the economy or political forums and ATS is filled with socialists that hate capitalism that want to "fix" our country. They must have
missed the last 7 years under Obama. Capitalism works 100% of the time. The reason our economy is failing is because it's not capitalist. It was, a
long time ago. When pilgrims were building this country from nothing, and our money was made with real silver, and the Federal Reserve didn't exist,
and banks didn't have a stranglehold over our economy, and "globalism" wasn't a word that existed in anyone's dictionary.