Tag Archives: Health Care

I HATE Airline Delays

Serious.  I absolutely hate it when we board the plans, taxi some and then have to wait on the tarmac.  I hate it for three reasons:

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We'll Never Run Out of Oil

Wanna really quick proof?

We still haven’t run out of trees or whales.

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The Virtue of "No"

All too often folks on the Hill who don’t agree with the Liberal agenda are cast as the “Party of No”.  As if all they wanna do is stall legislation and attack for pure political points.  Then we’re told that Washington is broken.

“Washington right now is broken,” Vice President Joe Biden told “Early Show” co-anchor Harry Smith. “I don’t ever recall a time in my career where, to get anything done, you needed a supermajority – 60 out of 100 senators.”

“I’ve never seen it this dysfunctional,” added Biden.

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What It Means To Be Poor In America

Mark Perry nudged me the other day.  We hear so much how bad it is in America.  That the middle class is “under attack” and only the Government can save them.  Further, the health care debate has pointed out that America spends more on health care than any other nation in the world.

Data from a report by two Swedish researches illuminates some very interesting facts:

  1. The ratio of people living in poverty is shrinking

1959 1999
Whites 18 10
Blacks 55 24
Hispanics 23(1972) 23
Total 22 12

2.  Being poor does not mean living without

Home Ownership 45.9
Car 72.8
2 or more cars 30.2
Air conditioning 76.6
Refrigerator 96.9
Washing machine 64.7
Drying cabinet/tumbler drier 55.6
Dishwasher 33.9
Garbage disposal 29.7
Microwave 73.3
Colour TV 97.3
2 or more colour TV sets 55.3
Cable or satellite TV 62.6
Wide screen TV 26.3
Video or DV 78
2 or more video and DVD players 25.3
Stereo 58.6
Telephone answering machine 35.3
Mobile phone 26.6
PC 24.6
Internet access 18

Lastly

3.  Being poor in America is better than being average in the EU

People Sq Feet per person
Europe, average 2.5 976.5 395.7
USA, poor  1993 2.8 1228 438.6
USA, all  1993 2.6 1875 721.2

What does this tell us?  It tells us that being poor in America means that you have a bigger house than the average European.  It tells us that whatever we have been doing, we should do more of it.  And that any modeling on Europe would be a mistake.

So Bad Even the Thieves Were Guilty

The Lootiest of the Looters, Massachuesettss, has decided that even they, even THEY, can’t abide what we are seeing.

BOSTON – In an epic upset in liberal Massachusetts, Republican Scott Brown rode a wave of voter anger to win the U.S. Senate seat held by the late Edward M. Kennedy for nearly half a century, leaving President Barack Obama’s health care overhaul in doubt and marring the end of his first year in office.

Let the Correction begin!

I have Two Words For You

Scott ‘effin Brown.

Think Obama is going to be watching the TV tomorrow?

Freedom Fries

As always, I have Brad and Britt on the radio for the morning commute.  I listen because they are local and because I need to convince myself that I listen to both sides.  As such, I normally am shaking my head at the discussion and the mind-set I get from Greensboro.

This morning was different.  The subject was France and whether or not it’s better to live in France or the USA.  Normally, the left says that the French model is better but given the choice, they don’t wanna live there.  As if they subconsciously understand that you don’t get both the “good life” France offers and the freedom and benefits of such that America offers.

Brad and Britt both agreed that it is much MUCH better to live in America than France.  Again, this isn’t surprising, this follows the leftist road map.  But as the conversation continued, I was pleasantly surprised at WHY they would not like to live in France.  For example, they idea of “strikes and riots when the price of milk goes up a by a nickel” was pure genius in its simplicity in capturing the French culture.  But it got even better.  When describing the summer break, Britt correctly wondered “who is gonna do the work?”.  And not to leave Brad out, he weighed in with this “given the chance to make a life in America vs being taken care of but tracked, I would take America ANYDAY!”

This was just a wonderful way to start the morning.  It gave me hope that we ARE a center-right nation.  That we know the chance, the opportunity, to strike out and make our way is a fundamental and uniquely American principle.  That we get freedom.  That being provided for has its price.

Yet it’s this wonderful news that frustrates me from the marketing side of me.  I am convinced that a conservative approach to finance and economics is the way to prosperity and advancement.  But the right is SO poor at spreading the message that we get painted as greedy industrialists.  And we never EVER learn from that.  No one wants to hear that minimum wage laws should be abolished.  “How greedy can you get?  Slave wages for the poor!”  It resonates.  It sticks.  Never mind that unemployment goes up, cost of goods go up and innovation and choice are restricted.

And who doesn’t wanna provide less expensive yet better medical care to everyone?  We ALL do.  The problem is, there is a wrong way and a right way.  Restricting that market is the wrong way.  Opening it up is the right way.

But we never get the message out.  We just sit back and “can’t be bothered by that”.  It’s the same reason you never see serious economists enter into debate about the most commonly accepted financial principles; because it is so basic and understood, that to debate it is beneath all serious members.  It would be akin to debating that 2 is greater than 1.

Anyway, Brad, Britt….well said.  And welcome to the center-right society!

HealthCare: Price vs. Cost

I wish that I could say that I said it.  But I didn’t; Mr. Munger did:

Right now, our attempts at reform are doomed by a law of accounting physics: Insurance can’t cost less than the health care it insures.

Consider: I have car insurance. But my insurance doesn’t pay for oil changes.

Instead, I go down to the Happy Lube, without an appointment, get a diagnosis of the needs of my car, and choose services based on a price list published online. Some of these services are complex, and require large expensive machines and equipment. But I don’t have to pay a separate bill, or go wait in another line, at another office or lab.

… compare it to car insurance, for two people. Imagine neither of us has to pay for our car repairs, from accidents or engine wear. We can go to the garage as often as we like, and get whatever service we want, for free. The car repair shop can charge our insurance whatever they want, because insurance pays everything. An oil change would bill out at $600; an alignment would bill our insurance $2,200, with another $800 tacked on to pay for micro-digital wheel axis imaging.

Of course, the services aren’t really free. At the end of every year, we sum the total repair costs for both people, and each of us pays half of that total.

The cost of that free car care would be enormous, because of all the unnecessary and overly expensive charges. Of course, the government could subsidize the final bill; would that help? The answer is no, for two clear reasons.

First, having the government (meaning taxpayers) subsidize the total would do nothing to reduce the runaway cost increases. Buyers won’t shop around if they don’t know or care about real costs. Subsidies mean I don’t pay if I spend, and I don’t save if I’m frugal.

Second, let’s expand the example from two people (each paying half) to 300 million people getting free care (but paying an equal share of total costs). We have met the public option, and it is us! Once we are all paying ourselves, there is no one else to hit up to help with the costs. We are simply taking each person’s money in taxes, then giving some of it back in subsidies. There is no saving, even to individuals.

Just good stuff.

Government Run Health Care

In action!

ATLANTA – Hundreds of thousands of swine flu shots for children have been recalled because tests indicate the vaccine doses lost some strength, government health officials said Tuesday.

Render unto Caesar!

This Will Soon Be US

As we slip further and further into the cluthes and dangerous mindset of the Government nanny state, we will soon find ourselves in THIS siutation:

A SHOPKEEPER has been fined £180 by Southend Council for NOT producing commercial rubbish.

Mr Howard was astonished when a council official visited to check his waste disposal credentials. The officer refused to believe he did not produce any waste and he was issued with a £180 fixed penalty notice…

Awesome.

Now that I think of it, this is EXACTLY where the Leftists are sending us.  If you DON’T use our Health Care system, we will fine you!

Hat Tip: Kids Prefer Cheese