Before I begin, don't take this as an endorement for an increased welfare state. This is just me trying to structure the pro argument as I understand it. I sounds given the financial crisis, the socialized medicine pitch is saying that Dad (i.e. the government) can start putting our medical insurance on his credit card (i.e. the deficit) so that we have more cash on hand to invest in our own business (i.e. the economy/capital way of life) and then make enough to pay him back with interest later on so that he can afford his credit card bill (i.e. a VISA card issued by China) and later pay for the toys and stuff (i.e. national infrastructure) his other kids want.
It seems to make a degree of sense when laid out this way. Especially when looked at in light of our economic downturn when fewer people have jobs, thus meaning that fewer people are getting the medical care that is hingent upon that employment.
I guess what I don't know is if it all works out. Does the economic stimulus offered to businesses actually remove enough of a burden to allow those businesses to thrive and pump billions back into the governemnt? I heard today on NPR that Ford pays more for medical benefits than it does for steel. Wow. Take that away and you have more proffitability and competitiveness, i.e. more tax revenues as we become turn the trade defecit around. Turning around the trade defecit at least to some degree could then chip away at that trillion dollar budget defecit.
I'm sure I should be asking my brother who's getting a Ph.D. in public finance if any of this is viable, or I should at least read a scholarly essay or two, but I think I'm too intimidated by the potential graphs they'll inevitably throw at me.
It's a wierd sacrifice to trade in the capitalist mechanisms that govern the American medical establishment for the sake of disentangling the corporate establishment that never belonged there in the first place and has this medical millstone around it's neck. Is it feasible for the government to take that burden from business so that it can float and compete? Will quality of care go to pot?
In any case, if it's all going to fall apart, I hope it waits another 15 years so that I stay healthy up until I'm supposed to start getting prostate exams. That way I can blame the failed system on my failure to let a doctor check my oil once a year. And while we're on that subject, I've never understood how we can put a man on the freakin' moon, harness nuclear energy, and perform face transplants, but we can't come up with anything better to check your prostate than to have a doctor lube up his finger and poke you in the bum. Something's wrong here and I think we're being lied to....
Temple Square June 2017
5 years ago