by johnfrmnebr » Wed Dec 23, 2009 4:35 pm
In light of the votes over the past couple of days with our own Senator Ben Nelson voted for the current healthcare package I would agree with bhndr's last statement, "Healthcare is now truly dead". The current bill in spite of the promises from Senate Democrats is a very bad deal for American freedom. The whole concept is based on the idea that HC is a public good as opposed to a private good. From an economic standpoint even public goods, which are neither excludable nor rival in consumption, rely heavily on private industry. The nationalization of any industry does not promote competition but rather stifles the marketplace. In doing so it reduces the efficiency which increases cost leaving the government no choice but to enact price limits on the industry in question. As these price limits take affect it begins the process of eroding the infrastructure of the HC industry, not limited to insurance companies but also reducing medical facilities, and the quality and number of doctors. This eventually leads to rationing of care, excessive waiting periods, and death panels. These are basic laws of economics at work, the results can be seen in those countries with command economies and socialized healthcare in their own right. It has been excessive government intervention in the insurance and healthcare industry which has given us this problem to begin with. The laws being enacted this Christmas season give the government the absolute authority over life and death of all of the citizens in the United States. I don't think this is the kind of legislation our founding fathers wanted when they broke away from the absolutist King George. "Is life so sweet and peace so dear as to be purchased through chains and slavery? I say nay, I know not what course others may take but as for me, give me liberty, or give me death." Patrick Henry 1775
Last edited by johnfrmnebr on Wed Dec 23, 2009 4:37 pm, edited 1 time in total.