The New York Times > Opinion > Op-Ed Columnist: The Medical Money Pit
We are so proud of our health care system! Or at least that is what we are told. Yet, as Krugman points out, we spend close to double what other advanced economies do, per capita, and our results are much inferior to theirs. Manufacturers in the USA are at a competitive disadvantage because they cover their employees' health through the present, insurance run, system. GM has such health liabilities that, if the present cost run-up continues, it will have to make a choice between not providing any company paid health insurance to its employees and retirees, or to go out of business.
But the Bush administration keeps focussing on the much less dire predicament of Social Security. This, the most ideological and partisan of Administrations, does not care about finding solutions to problems, but wants only to shape an ideologically correct way to run the country into the ground.
That's what I think.
The Beginning of the End.
12 years ago
1 comment:
Relative to the Canadian and British Health Care Systems, the American Health Service is lagging severly behind. The main economic argument is supported by public funding and public production/private production. The US health system has continued to operate under private financing, creating obvious gaps in coverage, and private production, placing power in the hands of HMO's and not honest doctors. The American Government may spend more per capita on health, BUT, in this situation money does NOT talk and bullsh*** most certainly walks!
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